Published On : Wed, Feb 1st, 2023

FY23 Fiscal deficit revised to 6.4% of GDP

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Disclosing that the revised fiscal deficit for the current fiscal year is at 6.4% of GDP, Sitharaman said the FY-2024 fiscal deficit target has been fixed at 5.9% of GDP.

I reiterate my intention to bring the fiscal deficit below 4.5% of GDP by 2025-26, Sitharaman stated.