Fiscal deficit

B2B

Mineral Products

From Argentina

To Croatia

36 views / 0 experts

Julius S.

Jun 30, 2020

How is the revenue deficit related to fiscal deficit?

1 answer

You don't have permission to adding answer or comment.

Please register or login for doing this.

Dave B.

Not rated

Jun 30, 2020

Fiscal deficit is a wider term than the revenue deficit. Revenue Deficit = Revenue expenditure - Revenue' receipts. On the other hand, Fiscal Deficit = Revenue deficit + (Capital expenditure - Non-debt capital receipts). So, revenue deficit forms part of fiscal deficit.