Public Sector Net Borrowing
Glossaries
Term | Definition |
---|---|
Public Sector Net Borrowing | In the U.K., the amount of expenditures less the total receipts taken in by the government. Public sector net borrowing is the measure of fiscal surpluses and deficits along with the amount of new debt created. If this number is positive, it means the U.K. is running a fiscal deficit, while a negative number represents a fiscal surplus. |
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