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Fiscal deficit touches 17.2% of annual target as of end-July

The New Indian Express

|

August 31, 2024

THE country's fiscal deficit reached 17.2% of the annual target as of the end of July in the current fiscal year (FY25), according to data published by the Controller General of Accounts (CGA) on Friday.

- MONIKA YADAV

Fiscal deficit touches 17.2% of annual target as of end-July

In absolute terms, the fiscal deficit amounted to ₹2,76,945 crore. In comparison, during the same period in FY24, the deficit was much higher, accounting for 33.9% of the Budget Estimates (BE).

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