The Centre’s fiscal deficit stood at 80.4% of the annual target (Revised Estimates for FY26) during April-February period, compared to 85.8% of the respective target a year ago, according to the government data released on Monday. The fiscal deficit in April-February of FY26 stood at Rs 12.52 lakh crore compared with Rs 13.46 lakh crore in the year-ago period, the data released by the Controller General of Accounts showed. Economists said the fiscal deficit narrowed during the period due to a lower revenue deficit. The revenue deficit stood at 73.8% or Rs 3.88 lakh crore of the annual target during the 11-month period.