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Fiscal deficit will remain with 3.5 percent of GDP: Finance Ministry

ANI  |  New Delhi [India] 

The fiscal deficit will remain within 3.5 percent of the (GDP), said Finance Ministry's top on Thursday.

Subhash Chandra Garg, Secretary, Department of Economic Affairs, tweeted: "Fiscal accounts numbers released yesterday indicated end February position. We now have numbers until 28th March. We are very close to RE estimates for both Fiscal Deficit and Revenue Deficit. Quite confident that FD will be within 3.5 percent of GDP."

The (CGA) on Wednesday released the fiscal data which showed that budgetary fiscal deficit for the 11 months ended in February stood at 120.3 percent.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 29 2018. 16:20 IST
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