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For 2024–25 Budget Estimates, the fiscal deficit was estimated at what percentage of GDP?

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Question

For 2024–25 Budget Estimates, the fiscal deficit was estimated at what percentage of GDP?

Options

  • 5.1%

  • 2.6%

  • 5.6%

  • 2.0%

MCQ
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Solution

For 2024–25 Budget Estimates, the fiscal deficit was estimated at 5.1% of GDP. This should not be confused with the 5.6% figure, which refers to 2023–24 Provisional Actuals rather than 2024–25.

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