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Discover LudwigThe phrase "fiscal deficit" is correct and can be used in written English.
It refers to the gap between a government's spending and its revenue in a given fiscal period. Example: The government announced that it would implement austerity measures in order to reduce the fiscal deficit and stabilize the economy.
Exact(60)
The central government had budgeted a fiscal deficit of 2.5% of GDP for this fiscal year.
Take the fiscal deficit.
Because of too much "fiscal deficit reduction".
Thus, the fiscal deficit was £871,375.
The Obama administration's fiscal deficit is stratospheric.
But it suffers a massive fiscal deficit (see chart).
One blot on its record is a massive fiscal deficit.
The RBI's position is especially delicate on the fiscal deficit.
The fiscal deficit ballooned to almost 10% of GDP.
The fiscal deficit is a whopping 10% of GDP.
Diesel price was hiked to control the fiscal deficit.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com