Goa's fiscal parameters improved under CM Pramod Sawant post Covid yrs: CAG

The CAG has appreciated the Pramod Sawant government's efforts in improving fiscal parameters, including increasing revenue surplus and bringing down fiscal deficit to GSDP ratio in the post-COVID years.

A report of the Comptroller Auditor General (CAG) till March 31, 2023, was tabled during the just-concluded session of the Goa Legislative Assembly.

In an important achievement for the Sawant government, the CAG stated the state has succeeded in improving fiscal parameters like revenue, fiscal and primary deficits etc.\, compared to the previous four years.

The report focused on the achievements of Chief Minister Sawant and the Finance Department team in improving the health of state finances very effectively post the COVID pandemic.

The analysis of the report makes it clear that Sawant has been a very effective Finance Minister and achieved a majority of targets under the Fiscal Responsibility and Budget Management (FRBM) Act and Rules.

The report pointed out tremendous improveme