Question

what is primary deficit ​

Answer 1

Gross Primary Deficit is Gross Fiscal Deficit less interest payments. Net Primary Deficit is Net Fiscal Deficit minus net interest payments. Net interest payment is interest paid minus interest receipt.

Explanation:

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Answer 2

Answer:

Primary deflicit can be calculated by deducting intrests payment for the borrowings from the current year's fiscal deficit. Fiscal deflicit can be calculated by finding the difference between total income & total expenditure of the government.