According to the Economic Survey, the government has fulfilled its commitment to lower the fiscal deficit since the Covid pandemic. “The government has targeted a fiscal deficit of 4.4% for FY26 and ...
The government is well on track to meet the fiscal deficit target of 4.4% of GDP estimated for the current financial year ...
Gov. Wes Moore’s (D) $70.8 billion spending plan unveiled last week closes a more than $1.5 billion deficit for fiscal 2027 ...
“We expect the central government to target a FY27 fiscal deficit of 4.2% of GDP while adhering to the FY26 target of 4.4%. The pace of consolidation was much faster from FY23-26 with a consolidation ...
While the fiscal deficit is at 62.3% of full year target as of the end of November 2025, the revenue deficit is at 68.2% as of November. Both the deficits are sharply higher than in FY25, indicating ...