Economic deficit

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Economic deficit - the sum of state budget deficits, self-governments, health care units, special purpose funds and other entities, plus compensation payments for pensioners and budgetary sector employees, and less transfers to the second pillar of social security.

This is one of the terms used by the Polish Ministry of Finance to determine the deficit of the public finance sector. Its purpose is to show the final impact of the public finance deficit on the level of economy savings. It is difficult, however, to uniquely define its formula in the form of a formula. Bibliography

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