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ru24.net
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Декабрь
2024

India's fiscal deficit on track, but spending challenges persist: UBI report

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The central government fiscal deficit for the first seven months of FY25 stands at 46.5% of its budget estimates, highlighting challenges in meeting the year's capital expenditure target. Capital expenditure fell by 14.7% during this period, impacting long-term economic growth, although there was a fiscal improvement in October 2024.



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