Fiscal deficit at 5.07% of GDP in February, likely to increase in March

Amid the brunt of the Covid-19 impact and the lockdown, government revenues are likely to take a substantial hit in March. On the other hand, expenditures for the month should rise due to various costs arising from the virus containment efforts and enforcing the lockdown.

from Economy-News-Economic Times https://ift.tt/2RrfI8Y
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