Budget aims for 4% fiscal deficit with increased capex in defence tech
pre-market1 source ↓written by the desknot a recommendation
- reduce
- 4% in FY27
The EY Economy Watch report emphasizes the need for increased capex in advanced technology sectors like AI, robotics, and infrastructure. Despite a revenue shortfall in FY26, the fiscal deficit target of 4.4% of GDP remains achievable, with a goal to further reduce it to 4% in FY27. This approach aims to enhance private investment opportunities.
Not investment advice. For informational purposes only.