PSBR

PSBR
See public sector borrowing requirement. Dresdner Kleinwort Wasserstein financial glossary
————
The borrowing needs of all public authorities, expressed as Public Sector Borrowing Requirement. However, the UK Treasury also issues Treasury bills to control daily liquidity, which are not considered to be part of government debt issues. LIFFE

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PSBR PSBR noun [singular]
ECONOMICS public sector borrowing requirement; the amount that a government has to borrow in a particular period of time to cover the difference between the money it gets from taxes and the amount it spends:

• In Britain in recent years, the PSBR has been lower than the financial deficit because of the proceeds from privatisation (= the income from the sale of previously government-owned companies ) .

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PSBR UK US noun [S]
► ECONOMICS, GOVERNMENT ABBREVIATION for THE PUBLIC SECTOR BORROWING REQUIREMENT(Cf. ↑the public sector borrowing requirement): »

Driving down the PSBR would help to keep base rates down.


Financial and business terms. 2012.

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