Explain the meaning of the following:Primary deficit

1.	Explain the meaning of the following:Primary deficit
Answer» Primary Deficit: The difference between the fiscal deficit and interest payment is termed as Primary Deficit. It indicates the borrowing requirements of the government to meet fiscal deficit excluding interest payments. Primary Deficit = Fiscal Deficit - Interest Payments.

Answer»

Primary Deficit: The difference between the fiscal deficit and interest payment is termed as Primary Deficit. It indicates the borrowing requirements of the government to meet fiscal deficit excluding interest payments.

Primary Deficit = Fiscal Deficit - Interest Payments.

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Explain the meaning of the following:Primary deficit

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