Some local governments have serious budgetary deficits. In forestalling and defusing risks in the financial sector and other areas, we face formidable tasks.
一些地方财政收支矛盾突出，防范化解金融等领域风险任务依然艰巨。
Budgetary deficit
原声例句
2021年《政府工作报告》
中文百科
赤字 Government budget balance
（重定向自Budgetary deficit）
赤字，意即入不敷出。财政赤字，即政府的支出额度比收入的部分多，多花的这一部分预算，就会随着国库的支出流入国内社会当中；贸易赤字，即进口总额比出口总额多，又称入超，多花的这一部分钱，就随着国际贸易流入国际社会当中。因传统上中国纪录亏损时皆是用红笔纪录，故名。
英语百科
Government budget balance 赤字
（重定向自Budgetary deficit）
- "Budget deficit" redirects here; not to be confused with Government debt.
A government budget is a government document presenting the government's proposed revenues and spending for a financial year. The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending. A positive balance is called a government budget surplus, and a negative balance is a government budget deficit. A budget is prepared for each level of government (from national to local) and takes into account public social security obligations.