April-Feb fiscal deficit touches 120% of full-year target at Rs 7.2 trn

Net tax receipts in the first 11 months of 2017/18 fiscal year were Rs 1.03 trn

Country reported a fiscal deficit of Rs 7.2 trillion ($110.42 billion) for April-February or 120.3% of the budgeted target for the current fiscal year that ends this month.

Net tax receipts in the first 11 months of 2017/18 fiscal year were Rs 1.03 trillion, government data showed on Wednesday.