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April-February Fiscal Deficit At 134% Of Financial Year Target

Earlier in February, the government had revised upward its fiscal deficit target to 3.4 per cent of GDP for the current fiscal year.

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April-February Fiscal Deficit At 134% Of Financial Year Target
New Delhi: 

April-February fiscal deficit touched 8.51 lakh crore rupees ($123.07 billion), or 134.2 per cent of the budgeted target for the current fiscal year, government data showed on Friday.

Earlier in February, while presenting the annual budget for 2019/20, the government had revised upward its fiscal deficit target to 3.4 per cent of GDP for the current fiscal year from the previously estimated 3.3 per cent budgeted target.

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