Barclays sees government meeting FY26 fiscal deficit target, projects 4.2% for FY27

New Delhi [India], January 30 (ANI): Despite slippage concerns, a Barclays report notes that the government is expected to meet the fiscal deficit target of 4.4% in FY25-26 and is likely to maintain a moderate target of 4.2% in FY26-27. It says the government is likely to remain committed to its medium-term fiscal consolidation path.

While pressures from higher revenue expenditure and shortfalls in receipts persi