Revised fiscal deficit projections for FY'23 to FY'25
after close1 source ↓written by the desknot a recommendation
- new estimates
- 6.7% for FY'23
- 5.7% for FY'24
- 4.9% for FY'25
- for FY'23
- ₹17.38 lakh crore
- for FY'24
- ₹16.55 lakh crore
The government revised the fiscal deficit as a percentage of GDP upwards for FY'23 to FY'25 following a GDP base year revision. The new estimates are 6.7% for FY'23, 5.7% for FY'24, and 4.9% for FY'25. In absolute terms, the fiscal deficit is projected at ₹17.38 lakh crore for FY'23, ₹16.55 lakh crore for FY'24, and ₹15.74 lakh crore for FY'25. This revision may impact market sentiment as investors assess fiscal health.
Not investment advice. For informational purposes only.