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.
FOR MORE DETAIL NOTES in This Topic… JUST STAY CONNECTED
For Videos Join us on Youtube-
292 total views, 3 views today
