Fiscal gap/Definition: Difference between revisions
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the size of the | the size of the ''primary budget surplus'' (expressed as a percent of GDP) that is required to achieve ''fiscal sustainability'' by immediate compliance with the requirement that the national debt be maintained at or below its existing percentage of GDP. | ||
Revision as of 15:33, 12 June 2009
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Fiscal gap [r]: the size of the primary budget surplus (expressed as a percent of GDP) that is required to achieve fiscal sustainability by immediate compliance with the requirement that the national debt be maintained at or below its existing percentage of GDP.