Meaning of “the public sector borrowing requirement” in the English Dictionary

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"the public sector borrowing requirement" in Business English

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the public sector borrowing requirementnoun [ S ]

uk us abbreviation PSBR UK old use 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 public sector borrowing requirement is now known as the public sector net cash requirement.

(Definition of “the public sector borrowing requirement” from the Cambridge Business English Dictionary © Cambridge University Press)