Can There be a Fiscal Deficit Without a Revenue Deficit?
in Economics
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Can There be a Fiscal Deficit Without a Revenue Deficit?
in Economics
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Obviously Yes. because the fiscal deficit is worked out by accounting for both the revenue and capital receipts and expenditure of the Government. So that, even when Revenue Expenditure are in a state of Balance, there could be excess of capital expenditure over capital receipts, causing fiscal deficit.

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