English Dictionary

structural deficit

noun

(economics) That portion of the public sector deficit which exists even when the economy is at potential. Government spending beyond government revenues at times of normal, predictable economic activity, as opposed to a cyclical deficit.

The government is facing a significant structural deficit.

意味（1）

(economics) That portion of the public sector deficit which exists even when the economy is at potential. Government spending beyond government revenues at times of normal, predictable economic activity, as opposed to a cyclical deficit.

Canadian Parliamentary Budget Officer Kevin Page maintained that the government has a structural budget deficit which will only decline gradually to C$13.7 billion in 2014/15 in spite of C$17.6 billion in cost savings announced by the government last week.