BUDGET DEFICIT • FREE-TRANSLATOR.COM • Definition of Budget deficit

... system of state orders and distribution persists. In mid-1994, the Belarusian government embarked on an austerity program with IMF support to slash state credits and consumer subsidies in order to bring down the budget deficit and reduce inflation. However, despite its promising start, the regime's drive to reinvigorate the economy has fallen short, and the IMF has criticized its failure to implement the reforms that the Fund ...

— The 1995 CIA World Factbook • United States Central Intelligence Agency

... corporate industry, extensive government welfare measures, comfortable living standards, and high dependence on foreign trade. Denmark's new center-left coalition government will concentrate on reducing the persistent high unemployment rate and the budget deficit as well as following the previous government's policies of maintaining low inflation and a current account surplus. In the face of recent international market pressure on the Danish krone, the coalition has also vowed to maintain a stable currency. The coalition ...

— The 1993 CIA World Factbook • United States. Central Intelligence Agency.