2019 fiscal deficit is significantly better than the government’s expectation of over 7.0% of GDP
Government revenue was ~12.2% of GDP (13.3% in 2018), down 1.5% YoY, despite tax revenue picking up 1.3% YoY
Overall expenditure was up 8.2% YoY, amounting to ~18.7% of GDP (18.6% of GDP in 2018)
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