Fiscal deficit till January widens to 74.5% of revised target
- Posted on February 28, 2025
- By Business News Today
- 3 Views
Fiscal deficit till January widens to 74.5% of revised target
The central government's fiscal deficit reached 74.5% of the revised annual target by January, up from 63.6% a year earlier, mainly due to increased capital expenditure and advanced state devolution. Despite this, analysts believe the deficit will remain within the 4.8% of GDP target for FY25.
