Public Deficit

What is Public Deficit?

1.

the gap between revenues and expenditures for a government (over a given period of time); often referred to as an internal deficitor fiscal deficit.

The public deficit accumulates over each time period (usually a year) into what is known as the public debt.

See internal deficit, fiscal deficit, nipa

1.

the gap between revenues and expenditures for a government (over a given period of time); often referred to as an internal deficitor fiscal deficit.

The public deficit accumulates over each time period (usually a year) into what is known as the public debt.

See internal deficit, fiscal deficit, nipa

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