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Government Sticks To 2017-18 Gross Market Borrowing Target: Report

The government will stick to its budgeted market borrowing target for the fiscal year ending in March 2018, a senior Finance Ministry official told reporters on Thursday after a meeting with central bank officials.
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The government has budgeted gross market borrowings of Rs 5.8 lakh crore for the 2017-18 fiscal year
The government has budgeted gross market borrowings of Rs 5.8 lakh crore for the 2017-18 fiscal year
New Delhi: The government will stick to its budgeted market borrowing target for the fiscal year ending in March 2018, a senior Finance Ministry official told reporters on Thursday after a meeting with central bank officials.

The official declined to be named as he was not authorized to speak to media.

The government has budgeted gross market borrowings of Rs 5.8 lakh crore ($88.57 billion) for the 2017-18 fiscal year.

© Thomson Reuters 2017



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