Budget Explained: What is fiscal deficit? Why is it important to control it?
As India awaits the Union Budget for 2025-26, it's an apt time to explore key terms associated with this highly anticipated ...
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What is 'Fiscal Deficit'
A fiscal deficit is defined as the discrepancy between a government's revenue and its expenditures over a designated timeframe, usually a fiscal year. When a government experiences a fiscal deficit, ...
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What is 'Primary Deficit'
Definition: Gross Primary Deficit is Gross Fiscal Deficit less interest payments. Net Primary Deficit is Net Fiscal Deficit minus net interest payments. Net interest payment is interest paid minus ...
CBO sees US 2025 deficit flat at $1.9 trillion before any Trump tax changes
The Congressional Budget Office on Friday forecast a $1.865 trillion U.S. budget deficit for fiscal 2025, largely flat with ...
US budget deficit to hit $1.9 trillion in 2025: CBO
The Congressional Budget Office (CBO) projected on Friday that the federal budget deficit would hit $1.9 trillion in fiscal ...
The Budget’s tightrope challenge
The Union Budget 2025-26, to be presented on February 1, is expected to prioritise fiscal consolidation while addressing the ...
India needs a new fiscal policy framework: Here’s why
India plans to switch its target. Going by the level of public debt will afford the government greater flexibility—even if ...