budget deficit


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budget deficit

Economics the amount by which government expenditure exceeds income from taxation, customs duties, etc., in any one fiscal year
References in periodicals archive ?
t-1] = the federal budget deficit in year t - 1, expressed in billions of 1982 dollars;
And Peter Kilborn, an economics correspondent for The New York Times, regularly suggests that budget deficits are either going away or don't matter anyway.
Dimian said he hoped economic reforms could bring the budget deficit down to 10% of GDP, but gave no time frame.
The large structural federal budget deficits that have emerged in recent decades seem to persist despite considerable efforts to reduce them.
Which programs account for the difference between the budget deficit Arthur Andersen found and the one we've all read about?
Economists agree that time has come to make changes and apply policies, such as cutting the budget deficit and funding infrastructure projects, that would ensure a high economic growth rate in the long run.
In 2010, the budget deficit at the end of June, accumulated during the first six months of the year, has been BGN 1.
Previously, the national budget deficit for 2015 was projected at 14.
95 million euros, with a budget deficit projected at 3.
aI am expecting that the budget deficit will exceed 3%,a the caretaker PM Georgi Bliznashki said on Friday.
3 percent in an effort to trim its budget deficit, using politically sensitive austerity measures.