PSNCR

PSNCR: The public sector net cash requirement is a measurement of the UK government's borrowing requirement, i.e. the difference between what the government spends each year and what it receives in taxes. The market watches the PSNCR closely because it reflects actual cash flows each month. Public sector net borrowing is the government's preferred measure, as it is calculated on an accruals basis which smooths out monthly fluctuations. It also excludes financial transactions such as privatization proceeds.

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PSNCR UK US /ˌpiːesensiːˈɑː^r/ noun [S] ECONOMICS, GOVERNMENT

► THE PUBLIC SECTOR NET CASH REQUIREMENT(Cf. ↑the public sector net cash requirement)

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Public sector borrowing requirement — (PSBR) is the old name for the budget deficit in the United Kingdom. The budget deficit has been renamed to the public sector net cash requirement (PSNCR) to avoid confusion with net borrowing.PSBR occurs when expenditures for the government… … Wikipedia
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PSNBR — Public Sector Net Borrowing Requirement. ► See PSNCR … Financial and business terms

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