As such, these hidden banking losses are actually quasi-fiscal deficits, rather than traditional non-performing loans.
因此,这些银行体系中的隐性亏损实际上是准财政赤字, 而不是传统意义上的不良贷款。
2
Therefore, central bank should control the Quasi-fiscal operations in reasonable scale, and compare the efficiency of financial operations with Quasi-fiscal operations.