YES there are, BUT not having debts does NOT say that their economy is healthy or they are a superpower
A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
The government was under pressure to raise more taxes due to the budget deficit they had.
a federal budget deficit
A deficit budget occurs when a government’s expenditures exceed its revenues over a specific period, typically a fiscal year. This can happen due to increased spending on public services, infrastructure, or social programs without a corresponding rise in tax revenues. Economic downturns, reduced tax income, or unexpected expenses can also contribute to a budget deficit. To finance the deficit, governments may resort to borrowing or increasing debt.
sorry not Budget deficit... budget balance
A budget deficit is when the finances of a something exceeds its revenue. This basically means they have spent too much money.
fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.
If the revenue is less than the expenditure, a budget is said to be in deficit. A budget is divided into 3: a. Surplus budget b. Deficit budget c. Balanced budget Surplus : REVENUE greater than EXPENDITURE Deficit : REVENUE less than EXPENDITURE Balanced : REVENUE equals EXPENDITURE
Primary deficit=Fiscal deficit-[minus] Interest payments
The government was under pressure to raise more taxes due to the budget deficit they had.
a federal budget deficit
budget deficit
Taxpayers
by cheating
A deficit budget occurs when a government’s expenditures exceed its revenues over a specific period, typically a fiscal year. This can happen due to increased spending on public services, infrastructure, or social programs without a corresponding rise in tax revenues. Economic downturns, reduced tax income, or unexpected expenses can also contribute to a budget deficit. To finance the deficit, governments may resort to borrowing or increasing debt.
Currently in 2010-2011 1. Revenue Deficit 2. Fiscal Deficit 3.Primary Deficit. There used to be these 2 more type which have been now abolished 4. Budget Deficit 5. Monetised Deficit ~wt.what@gmail.com