of all subsectors of general government for December 2025 ... This is because the general government balance measures the balance of non-financial transactions of general government on an accruals basis.
The purpose of this note is to outline the concept and derivation of the general government balance (GGB) (or the general government surplus/deficit) and to explain how GGB differs from Exchequer balance.
The purpose of this note is to outline the concept and derivation of the general government balance (GGB) (or the general government surplus/deficit) and to explain how GGB differs from Exchequer balance.