Economy, asked by bhawnasachdeva5, 9 months ago

fiscal deficit and primary deficit can be equal? ​

Answers

Answered by Anonymous
7

Answer:

Thus, zero primary deficits means that government has to resort to borrowing only to make interest payments. To know the amount of borrowing on account of current expenditure over revenue, we need to calculate primary deficit. Thus, primary deficit is equal to fiscal deficit less interest payments.

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