PSBR meaning in Governmental ?

tuteeHUB earn credit +10 pts

Answer:

What is Public Sector Borrowing Requirements mean?

Public sector borrowing requirement (PSBR) is the old name for the budget deficit in the United Kingdom. The budget deficit has been renamed the public sector net cash requirement (PSNCR) to avoid confusion with net borrowing.

PSBR occurs when expenditures for the government activities in the public sector of the economy exceed the income. The resulting deficit is then financed by borrowing funds from the public, usually by the means of government gilts.

Both PSBR and PSNCR measures are shown in the Office for National Statistics [1] monthly First Release Public sector finances [2].

reference

Report

Posted on 11 Dec 2024, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.

tuteehub_quiz

Write Your Comments or Explanations to Help Others



webstory list tuteehub
Miscellaneous in Governmental
webstory list tuteehub
Miscellaneous in Governmental


Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Important Governmental Links

open app imageOPEN APP