Fiscal sustainability/Definition: Difference between revisions

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imported>Nick Gardner
(New page: <noinclude>{{Subpages}}</noinclude> the objective of avoiding the persistent growth of the national debt.)
 
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the objective of avoiding the persistent growth of the national debt.
A government's continuing ability to service its debt without unrealistically large future corrections to its balance of income and expenditure.

Latest revision as of 04:18, 9 February 2010

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Fiscal sustainability [r]: A government's continuing ability to service its debt without unrealistically large future corrections to its balance of income and expenditure.