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English definition of “the public sector net cash requirement”

the public sector net cash requirement

noun [S]     (abbreviation PSNCR) UK ECONOMICS, GOVERNMENT
the amount of money the government has to borrow when taxes and its other sources of income are not enough to pay for all the services it needs to provide: The UK public sector net cash requirement soared to an all-time monthly high.
(Definition of the public sector net cash requirement noun from the Cambridge Business English Dictionary © Cambridge University Press)
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