|
02-Mar-2010
|
 |
|
July-Dec budget deficit estimated at 2.7% of GDP |
|
Budget deficit for the first six months of current fiscal year (July-December) has been estimated at 2.7 percent of Gross Domestic Product (GDP), or Rs 403 billion in actual rupee terms, Ministry of Finance said. According to July-December 2009 fiscal operation figures report released by the Ministry of Finance on Monday, defence expenditure was Rs 165 billion, around 48 percent of budgetary allocation for the year, reflecting accuracy of budgetary estimates. |
|
new
releases
