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Government Sticks To 2017-18 Gross Market Borrowing Target: Report

The government will stick to its budgeted market borrowing target for the fiscal year ending in March 2018, a senior Finance Ministry official told reporters on Thursday after a meeting with central bank officials.

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Government Sticks To 2017-18 Gross Market Borrowing Target: Report

The government has budgeted gross market borrowings of Rs 5.8 lakh crore for the 2017-18 fiscal year

New Delhi: The government will stick to its budgeted market borrowing target for the fiscal year ending in March 2018, a senior Finance Ministry official told reporters on Thursday after a meeting with central bank officials.

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The official declined to be named as he was not authorized to speak to media.

The government has budgeted gross market borrowings of Rs 5.8 lakh crore ($88.57 billion) for the 2017-18 fiscal year.
© Thomson Reuters 2017


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