Section

India committed to reduce budget deficit over medium term, says Fitch Ratings

By Economic Times - 2 months ago
The Indian government is committed to reducing the budget deficit despite coalition governance challenges. Fitch Ratings noted that India prefers fiscal consolidation over additional spending, with a lowered fiscal deficit target of 4.9% for the current fiscal year. The debt-to-GDP ratio is expected to fall between 2024 and 2026.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.