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budget deficit

   Also found in: Dictionary/thesaurus, Medical, Legal, Financial, Acronyms, Wikipedia 0.01 sec.
budget deficit
Economics the amount by which government expenditure exceeds income from taxation, customs duties, etc., in any one fiscal year


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The central government budget deficit next year is planned at 5.
President Gloria Arroyo's economic aides have expressed concern this week that tropical storms Ketsana and Parma, which killed more than 700 people over the past month, may cause the budget deficit this year to shoot past 300 billion pesos (6.
He said that budget deficit for the first quarter of the current year has been fixed 1.
 
 
 
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