The government found itself with no wiggle room to boost its own spending as figures released by the controller general of accounts (CGA) — the government’s accountant –– showed that the country’s fiscal deficit had crossed the budget estimate for the full year. It stood at Rs 720,445 crore, 102.4 percent of the full-year estimate. [ The Telegraph 30.11.19]
Wiggle room – Scope for adjustment
Fiscal deficit – Difference between Income and Spending
