national budget balance

National balance sheets, damaged in "fixing" the crisis, will require either budget cuts or higher taxes that will cut into growth.

而因为”解决”危机而受到损害的国家资产负债表，要么通过削减预算，要么通过提高税赋进而削弱增长来撬动。

Countries can reduce their national debt by narrowing the budget deficit or achieving a primary surplus (the fiscal balance minus interest payments on outstanding debt).

各国可以通过降低预算赤字或实现基本盈余（财政余额减去存量债务的利息）降低国民债务水平。