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See FY13 fiscal deficit at 5.5% of GDP: Moody's

The fiscal deficit in the first seven months of 2012-13 stood at 71.6 percent of the Budget Estimates. This was slightly better than 74.4 percent in the same period a year ago. This improvement was on the back of some tightening on the expenditure front.

first published: Dec 10, 2012 02:21 pm

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