the public sector net cash requirement

the public sector net cash requirement
the public sector net cash requirement UK US noun [S] (UK ECONOMICS, GOVERNMENT
the amount of money the government has to borrow when taxes and its other sources of income are not enough to pay for all the services it needs to provide: »

The UK public sector net cash requirement soared to an all-time monthly high.


Financial and business terms. 2012.

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  • Public sector net cash requirement — (PSNCR) is the budget deficit in the UK. It is the difference between Government expenditure and Government income. Government Revenues/Income is mainly derived from taxes. Governments usually plan their budget expenditure based on a forecast the …   Wikipedia

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  • 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… …   Financial and business terms

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