Chidambaram says will need to bring down fiscal deficit to 3 pct of GDP by 2016/17

Last Updated: Mon, Feb 17, 2014 14:59 hrs

NEW DELHI (Reuters) - Finance Minister P. Chidambaram told parliament that the country needs to contain the fiscal deficit at 3 percent of GDP by 2016/17.

Chidambaram was presenting an interim budget to tide public finances over until a new government is formed after elections due by May.

(Reporting by Frank Jack Daniel)

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