No open market borrowings in first quarter of 2026-27, reflects Goa’s strong fiscal position: CM
PANAJI: (Jul 13) Goa has not resorted to open market borrowings during the first quarter of the current financial year, reflecting the state’s strong fiscal position and prudent financial management, Chief Minister Pramod Sawant said on Monday.
Sawant made the remarks while chairing a high-level finance review meeting attended by the chief secretary, secretaries, district collectors and heads of various departments. The meeting reviewed the state’s fiscal performance during 2025-26, officials said.
The review included the first-quarter financial position, borrowings through the open market and National Bank for Agriculture and Rural Development (NABARD), implementation of centrally sponsored schemes, functioning of Goa State CSR Authority, climate-resilient funding projects and progress of major infrastructure works.
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