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Russian
Fiscal deficit
Translation fiscal deficit into russian
fiscal deficit
The country is facing a significant fiscal deficit this year.
Страна сталкивается с значительным бюджетным дефицитом в этом году.
Definitions
A fiscal deficit occurs when a government's total expenditures exceed its total revenues, excluding money from borrowings. It indicates that the government is spending more than it earns, which may require borrowing to cover the gap.