In fiscal policy, what does the primary balance represent?

By Rabia Anum

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Last Updated 13 Aug 2026

A. Total revenue minus total expenditure

B. Fiscal balance excluding interest payments

C. Trade balance excluding services

D. Government revenue minus foreign debt

📚 Topics: Pakistan Current Affairs

🎯 Exams: CSS PMS UK_CS US_COMP

🏷️ Tags: Fiscal Policy Macroeconomics Public Finance

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