A government compiles the following fiscal data for a financial year:
Which of the following correctly describes the government's fiscal position?
An overall budget deficit of £10 billion and a current budget surplus of £20 billion
An overall budget surplus of £20 billion and a current budget deficit of £10 billion
An overall budget deficit of £10 billion and a current budget deficit of £20 billion
An overall budget deficit of £40 billion and a current budget surplus of £60 billion