August 2018 fiscal deficit stands at 94.7 % of actuals to BEs
The gross fiscal deficit of the Central government stands at 94.7% of the actuals to budget estimates (BEs) at the end of August 2018 as compared to 96.1% of the actuals to budget estimates in the corresponding period of the previous year. The primary deficit was registered at 767.7% of the actuals to budget estimates at the end of August 2018 as compared to 1401.3% of the actuals to budget estimates during corresponding period of the previous year. Differentials in use of fiscal deficit space at the end of August 2018 vis-à-vis August 2017 (in%) Source: PHD Research Bureau, compiled from Government of India accounts, Government of India Note: The Fiscal deficit data pertains to the end of the respective month * indicates data at the end of respective financial year and are % of actuals to revised estimates The revenue receipts at the end of August 2018 of the central government stands at 26.9% of the actuals to budget estimates as compared with 27.0% of the actuals to budget estimates at the end of August 2017. Fiscal position for August 2018 vis-à-vis August 2017
Source: PHD Research Bureau, compiled from Union Government Accounts, Government of India Note: * Data pertains to the end of the respective month. *indicates data at the end of respective financial year and are % of actuals to revised estimates The government’s market borrowing stands at 74% of the actuals to budget estimates at the end of August 2018 as compared with 87% of the actuals to budget estimates at the end of August 2017. The domestic financing stands at 94% of the actuals to budget estimates at the end of August 2018 as compared to 98% of the actuals to budget estimates at the end of August 2017. The external financing of the government stands at (-)139% of the actuals to budget estimates at the end of August 2018 as against 32% of the actuals to budget estimates at the end of August 2017. The total financing of the central government stands at 95% of the actuals to budget estimates at the end of August 2018 as against 96% of the actuals to budget estimates at the end of August 2017. Sources of financing the deficit (%) Source: PHD Research Bureau, compiled from Union Government Accounts, Government of India Note: Data pertains to the end of August 2018 vis-à-vis August 2017 Please contact for any qu |