India's Aprl-July fiscal deficit at $26.5 bln - govt
NEW DELHI (Reuters) - India's fiscal deficit during April to July stood at 1.16 trillion rupees ($26.5 billion), or 87 percent of the annual target, the government said on Friday.
In February, the government set a fiscal deficit target of 1.33 trillion rupees, or 2.5 percent of gross domestic product for the 2008/09 fiscal year, lower than 2.8 percent in the previous year.
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