29-April-2024
Economy News
 
States fiscal deficits for FY24 likely to be close to 3.1% of GDP: Citi
15-Apr-2024

The actual fiscal deficit of states for the financial year 2023-24 (FY24) is expected to be closer to the original budgeted estimate of 3.1 per cent of the Gross Domestic Product (GDP) instead of the revised estimate of 3.5 per cent, with both revenue and expenditure showing a lower growth than estimated, an analysis of 22 state Budgets by Citi Research showed.

News Source:- https://www.business-standard.com/economy/news/states-fiscal-deficits-for-fy24-likely-to-be-close-to-3-1-of-gdp-citi-124041400251_1.html
 
 
 

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