banner-img

Learning can be easier with EX - Library.

Explore our newest feature, a reliable informational resource you've been looking for!
Join |
< Back to questions :: Q&A / B2B / Mineral Products

Fiscal deficit

B2B
Mineral Products
From Argentina
To Croatia
276 views / 0 experts
Julius S.
Jun 30, 2020
How is the revenue deficit related to fiscal deficit?

1 answer

Dave B.
Jun 30, 2020
Fiscal deficit is a wider term than the revenue deficit. Revenue Deficit = Revenue expenditure - Revenue' receipts. On the other hand, Fiscal Deficit = Revenue deficit + (Capital expenditure - Non-debt capital receipts). So, revenue deficit forms part of fiscal deficit.
read more

Top Rated Experts

Raymond Yang
Raymond Y.
Leon Lacroix
Leon L.
Amber Stellingwerf
Amber S.
This website uses cookies. By using this website, you consent to our use of these cookies