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Government Revises 2019-20 Fiscal Deficit Target to 3.8% from 3.3% for 2020-21

Nirmala Sitharaman, who was presenting the annual budget in parliament, also pegged the fiscal deficit target for the year 2020/21 at 3.5% of the GDP.

Government Revises 2019-20 Fiscal Deficit Target to 3.8% from 3.3% for 2020-21

New Delhi: Finance Minister Nirmala Sitharaman on Saturday revised the country's fiscal deficit target to 3.8% for the current fiscal year, from an earlier target of 3.3%.

Nirmala Sitharaman, who was presenting the annual budget in parliament, also pegged the fiscal deficit target for the year 2020/21 at 3.5% of the GDP.

Original News: All IndiaReuters


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Feb 3, 2020