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    HomeNewsOpinionMacroeconomic choices and fiscal runway for Budget 2023

    Macroeconomic choices and fiscal runway for Budget 2023

    While the fiscal deficit for FY24 is likely to be 5.7-5.8 percent of GDP, there is scope for a somewhat larger cut in FY24, despite the challenging economic circumstances, given that the subsidies required for fertilisers and food might be somewhat lower next year, thanks to the drop in prices

    Saugata Bhattacharya
    January 20, 2023 / 12:47 IST
    From the point of view of markets, One key area of interest is the fiscal deficit and how it will be financed.
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