Definition of fiscal deficit

Fiscal deficit refers to the difference between a government’s revenue and expenditure. it means when a government’s total expenditure exceeds its total revenue, the deficit is known as fiscal deficit.

Vikas Sharma is the chief author at Monetary Section. He is an MBA (finance) from GJIMT Mohali. He started his career in 2014 and at the same time he started this website. He is young enthusiast who loves to educate people about finance. To reach out to the people from all territories, he chose internet as a medium.

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