Primary Deficit . #PrimaryDeficit
- Primary Deficit is measured by subtracting the interest payments from fiscal deficit.
- It is a measure of current year’s fiscal operation after excluding the liability of interestpayment created due to borrowings under taken in the past.
- Primary Deficit = Fiscal Deficit — Interest payment
- It is a very handy tool in the process of bringing in more transparency in the government’s expenditure pattern.
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