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Phrases with «annual deficits»

Annual deficits refer to the amount of money a government or organization spends in a year that is higher than the amount of money it earns or receives. It means that the expenses exceed the income, resulting in a shortfall or deficit. Full definition

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Sentences with «annual deficits»

  • Following the 2015 election, the Liberal government abandoned pledges to run annual deficits of no more than $ 10 billion and to balance the books in four years. (canadianbusiness.com)
  • It runs annual deficits in the hundreds of millions of dollars each year, despite a series of measures under the de Blasio administration to restore fiscal stability. (observer.com)
  • Many cities will experience annual deficits (see this simulation) and no predictability in planning, which in turn prevents long - term improvement efforts. (commonwealthmagazine.org)
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