the Public Sector Net Cash Requirement
/ðə ˌpʌblɪk sektə ˌnet kæʃ rɪˈkwaɪəmənt/
/ðə ˌpʌblɪk sektər ˌnet kæʃ rɪˈkwaɪərmənt/
(abbreviation PSNCR)
- the name for the amount of money the government needs to borrow every year to pay for public spending, if money from taxes is not enough. It is borrowed from the banking system and other sources, and is considered an addition to the National Debt. It used to be called the Public Sector Borrowing Requirement.
公共部门净现金需求:如果税收不足,政府每年需要借以支付公共支出的金额名称。它是从银行系统和其他来源借来的,被视为国家债务的补充。它以前被称为公共部门借贷要求。