The phrase "deficit forecast" refers to a prediction or estimation of a shortfall or negative balance between income and expenses. It indicates that there is a projected amount of money that will be lacking or insufficient to cover the costs.
Sentences with «deficit forecast»
This means that the underlying deficit forecast for 2011 - 12 was $ 28 billion, a decline of $ 5.4 billion from the final outcome for 2010 - 11. (3dpolicy.ca)
Based on the current results, the deficit for 2010 - 11 could be $ 3 to $ 6 billion lower than his current deficit forecast. (3dpolicy.ca)
These revised deficit forecasts are on a «status quo» basis; that is they do not include the impact of most of the election promises. (3dpolicy.ca)