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FY26 fiscal deficit may be 4.4-4.6% of GDP, says report
Mint Chennai
|January 14, 2025
India's fiscal deficit could come in at 4.4% to 4.6% of GDP in FY26, Goldman Sachs Economics Research said in a report on Monday.
The government targets a fiscal deficit of 4.9% in FY25 and below 4.5% in FY26.
The central government's "fiscal impulse will remain a drag on growth in the next fiscal year," said the report titled 'Asia in Focus—Union Budget Preview: Policy Choices in a Cyclical Growth Slowdown'.
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