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Primary deficit is equal to : |
Gross fiscal deficit - Net interest liabilities Gross fiscal deficit - Gross interest liabilities Net fiscal deficit - Net interest liabilities Net fiscal deficit - Gross interest liabilities |
Gross fiscal deficit - Net interest liabilities |
The correct answer is option (1) : Gross fiscal deficit - Net interest liabilities Primary Deficit : It is simply the fiscal deficit minus the interest payments Gross primary deficit = Gross fiscal deficit - net interest liabilities |
