The government of a country is operating on 'zero primary deficit' and also follows 're-allocation of resources' as an objective of budge.
Explain the above two concepts?

A low or zero primary deficit means that while government's interest requirement on earlier loans have compelled the government to borrow but it is aware of the need to tighten its belt. [ - ] Primary deficit is defined as fiscal deficit minus interest payment. It is equal to fiscal deficit reduced by interest payment.
  • -6
What are you looking for?