New Delhi, Nov. 2 -- The Centre is likely to meet its fiscal deficit target of 4.3 per cent of GDP for FY27 despite the deficit reaching 42.6 per cent of the full-year budget estimate in the first six months, as stronger corporate tax collections help offset revenue pressures, according to a report by Goldman Sachs Research.

The report said the government could meet its target by reprioritising expenditure, despite pressure on public finances from higher interest payments and capital spending.

It also highlighted risks of higher fertiliser subsidies and additional fuel excise duty relief if global commodity prices remain elevated.

"We continue to expect the central government to stick to the 4.3% of GDP fiscal deficit target, most like...