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Fiscal deficit in 5 months hits 27% of FY25 target

By Economic Times - 2 months ago
The Centre's fiscal deficit for the first five months of 2024-25 reached 27% of the annual target, an improvement from 36% the previous year. This performance keeps the government on track to achieve its fiscal deficit target of 4.9% of GDP. A post-election spike in spending and weak capital spending in August were noted.

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