What Is The Difference Between Fiscal Deficit And Current Account Def

1.	What Is The Difference Between Fiscal Deficit And Current Account Deficit?
Answer» FISCAL deficit can be understood as when GOVERNMENT’s total expenditure is more than the REVENUE earned (excluding money borrowed). A current account deficit means the value of imports of goods / services / investment incomes is greater than the value of exports. It is SOMETIMES referred to as a trade deficit. Fiscal deficit can be understood as when government’s total expenditure is more than the revenue earned (excluding money borrowed). A current account deficit means the value of imports of goods / services / investment incomes is greater than the value of exports. It is sometimes referred to as a trade deficit.

What Is The Difference Between Fiscal Deficit And Current Account Deficit?

Answer»

FISCAL deficit can be understood as when GOVERNMENT’s total expenditure is more than the REVENUE earned (excluding money borrowed).
A current account deficit means the value of imports of goods / services / investment incomes is greater than the value of exports. It is SOMETIMES referred to as a trade deficit.

Fiscal deficit can be understood as when government’s total expenditure is more than the revenue earned (excluding money borrowed).
A current account deficit means the value of imports of goods / services / investment incomes is greater than the value of exports. It is sometimes referred to as a trade deficit.

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