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Fiscal deficit in 1st Half of FY25 drops to 29.4% of annual target

By Economic Times - 3 weeks ago
The central government's fiscal deficit for the first half of 2024-25 stands at 29.4% of the annual target, aided by restrained spending and lower fiscal deficits earlier. Despite revenue uncertainties, experts predict the fiscal deficit will likely align with the 4.9% GDP target, though capital spending goals remain challenging.

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