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Monday, July 8, 2024

Budget set to focus on long-term economic policy vision: Report

Goldman Sachs economists anticipate the government using the Budget to outline a long-term economic policy vision till 2047. Focus areas include job creation, credit for MSMEs, services exports, and public finance sustainability. The fiscal deficit target for FY25 is expected to be 5.1% of GDP, with further consolidation below 4.5% by FY26.

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