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

Finance Minister Piyush Goyal started the Interim Budget 2019 speech giving an overview of the economy under the Modi government on Friday.

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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.