Mr. Dubey • 51.17K Points

RBI Annual Report 2022-23: General Government Deficit and Debt Moderate to 9.4% and 86.5% of GDP, Respectively 

The Reserve Bank of India (RBI) has released its annual report for the fiscal year 2022-23, highlighting significant improvements in the general government deficit and debt.
The report notes that the general government deficit moderated to 9.4% of GDP, while the government debt stood at 86.5% of GDP. These figures represent a decline from the peak levels of 13.1% and 89.4% recorded in 2020-21, respectively.

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