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Interim Budget 2019: FY19 fiscal deficit pegged at 3.4% of GDP, CAD at 2.5%

The budgeted fiscal deficit target for 2018-19 (FY19) was 3.3 per cent of GDP

Topics
Interim Budget 2019  |  Fiscal Deficit  |  Current Account Deficit

BS Web Team 

Finance Minister Piyush Goyal started the Interim Budget 2019 speech giving an overview of the economy under the Modi government on Friday. ALSO READ: Budget 2019 LIVE: Rs 3 trn recovered from defaulters, says Piyush Goyal Goyal pegged the fiscal deficit for 2018-19 at at 3.4% of the GDP and current account deficit at 2.5%.

He said the Modi government "broke the back of back breaking inflation" and brought in countrol the double digit inflation that it inherited from the UPA government. ALSO READ: Govt has broken the back of inflation: FM Piyush Goyal in ...

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First Published: Fri, February 01 2019. 11:23 IST