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English definition of “central government borrowing requirement”

central government borrowing requirement

noun [U]
 
 
( abbreviation CGBR) ECONOMICS, FINANCE
the amount of money that a government needs to borrow to cover its costs for a particular period of time: They are determined to reduce the central government borrowing requirement over the next couple of years.
(Definition of central government borrowing requirement from the Cambridge Business English Dictionary © Cambridge University Press)
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