central government borrowing requirement Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “central government borrowing requirement” in the English Dictionary

"central government borrowing requirement" in Business English

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central government borrowing requirementnoun [U]

uk   us   (abbreviation CGBR) ECONOMICS, FINANCE
the ​amount of ​money that a ​governmentneeds to ​borrow to ​cover its ​costs for a particular ​period of ​time: They are ​determined to ​reduce the ​centralgovernmentborrowingrequirement 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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