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Fiscal deficit situation worrying: Pranab

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Reuters

Posted: Feb 16, 2009 at 1256 hrs IST

New Delhi The Indian government's fiscal deficit situation is worrying, Finance Minister Pranab Mukherjee said on Monday, after presenting the interim budget for 2009/10.

India's fiscal deficit is forecast at 5.5 per cent of gross domestic product in the next fiscal year starting April, compared with 6.0 per cent in 2008/09.

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