The Centre has met the fiscal deficit target of 4.4% of GDP for FY26 based on the new GDP series, with almost 99% achievement of expenditure target set for the year, sources told FE. Capital expenditure stood at Rs 10.7 lakh crore against the revised budget estimate of Rs 10.96 lakh crore, achieving 98% of the target. Total expenditure came in at around Rs 49 lakh crore, marginally lower than the FY26 revised estimate of Rs 49.6 lakh crore, sources said.