Question

define primary deficit?​

Answer 1

Answer:

Primary deficit refers to the difference between the current year's fiscal deficit and interest payment on previous borrowings. It indicates the borrowing requirements of the government, excluding interest. It also shows how much of the government's expenses, other than interest payment, can be met through borrowings.

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Answer 2

Answer:

primary deficit is the difference between the current year's fiscal deficit and interest payment on previous borrowings