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Fiscal prudence back but deficiency noted in off-budget disclosure: CAG

By Economic Times - 3 months ago
In its 2021-22 report, the Comptroller and Auditor General (CAG) highlighted that the central government successfully returned to fiscal consolidation and improved debt sustainability post-pandemic. However, the CAG noted "deficiencies in disclosures" regarding sovereign guarantees for state-run firms' loans and off-budget borrowings.

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