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A fiscal target is a specific goal set by a government or financial authority regarding its budgetary performance, often related to revenue, expenditure, or deficit levels. These targets aim to promote fiscal discipline, ensure sustainable public finances, and guide economic policy. Common fiscal targets include maintaining a balanced budget, limiting public debt to a certain percentage of GDP, or achieving specific revenue growth rates. By adhering to fiscal targets, governments can enhance their credibility and stability in the eyes of investors and the public.

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1w ago

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