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PSBR

   Also found in: Dictionary/thesaurus, Acronyms 0.01 sec.
PSBR in Britain
public sector borrowing requirement: the excess of government expenditure over receipts (mainly from taxation) that has to be financed by borrowing from the banks or the public


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Gordon Brown is searching for some funny lines to pep up economic speeches about the PSBR, CSR, RPI, GDP, IMF and other initials.
The main worry for the UK in the short-term is possible tax increases to fund the PSBR.
Yes, the government has been disclosing the contingent liabilities represented by the Pidiregas projects in the broader measure of the public sector deficit, the PSBR.
 
 
 
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