Budget 2019: Importance of fiscal deficit number

Representative Image

Importance of fiscal deficit number

It is the most credible number as gives an overall idea of strength of an economy. Global investors watch this number more keenly as they fear a high fiscal deficit by the govt may crowd them out from the market and high inflation and interest rate regime can impact their profitability.

Read: Budget 2019: What is fiscal deficit?

Union Budget 2019 | Get the live news updates, views & analysis here

Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks