Economy, asked by tagenobing6gmailcom, 1 year ago

Primary deficit and fiscal deficit​

Answers

Answered by 000MrArtist000
1

Primary deficit is one of the parts of fiscal deficit. While fiscal deficit is the difference between total revenue and expenditure, primary deficit can be arrived by deducting interest payment from fiscal deficit. Interest payment is the payment that a government makes on its borrowings to the creditors.

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Answered by Shubu01
3
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✔✔ Primary deficit is one of the parts of fiscal deficit.

✔️✔️ While fiscal deficit is the difference between total revenue and expenditure, primary deficit can be arrived by deducting interest payment from fiscal deficit.

✔️✔️ Interest payment is the payment that a government makes on its borrowings to the creditors.

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