Section

Fiscal deficit could have been cut further in Budget 2024, but faster consolidation could slow economy

By Economic Times - 4 months ago
Budget 2024 reflects the government's ongoing commitment to macroeconomic stability by maintaining its fiscal consolidation strategy. While the government could have further reduced the deficit, doing so more rapidly might have negatively impacted economic growth.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.