Search For "fiscal deficit"
Robust growth in tax revenues help reduce India's fiscal deficit in 2021-2
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): Robust growth in tax and non-tax revenues has led to a significant reduction in fiscal deficit during April-November 2021 when compared with the corresponding period of the previous year, according to the Economic Survey 2021-22 released on Monday.
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Pak's current account deficit crosses USD 9 bn mark, analysts warn it may
Updated : 4 years, 1 month ago IST
Karachi [Pakistan], January 23 (ANI): Pakistan's current account deficit surpassed USD 9 billion in the first half of the ongoing fiscal year, accounting for 5.7 per cent of the gross domestic product and analysts have expressed concerns over this with some warning that rising current accoun
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Discontinuation of GST compensation will increase Punjab's fiscal deficit
Updated : 4 years, 2 months ago IST
Patiala (Punjab) [India], December 30 (ANI): Punjab's financial condition is in very bad shape and the state's fiscal deficit will increase further by Rs.18,000 crore if the GST compensation grant given by the Centre is discontinued in June 2022, Punjab Pradesh Congress Committee president N
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Pakistan economic woos increased by fiscal deficits, flawed monetary polic
Updated : 4 years, 2 months ago IST
Islamabad [Pakistan], December 29 (ANI): Pakistan economic woos has been increased by huge fiscal deficits and failure in implementing robust monetary policy thereby unable to negate its external debt obligation coupled with depleted international reserves.
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States' fiscal deficit to moderate to 4.1 pc of GDP: Ind-Ra
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 30 (ANI): India Ratings and Research (Ind-Ra) expects aggregate fiscal deficit of states to moderate to 4.1 per cent of the gross domestic product (GDP).
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S&P revises Sri Lanka's outlook to negative, CCC-plus/C ratings affirm
Updated : 4 years, 6 months ago IST
Singapore, Aug 28 (ANI): S&P Global Ratings has revised its outlook on Sri Lanka's long-term ratings to negative from stable.
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Pakistan's fiscal deficit climbs to Rs 3.403 trillion in 2020-21
Updated : 4 years, 6 months ago IST
Islamabad [Pakistan] August 27 (ANI): Pakistan Tehreek-e-Insaf's (PTI) three-year tenure has been a setback for the country's economy as the fiscal deficit stood at 7.1 per cent of GDP in 2020-21, 8.1 per cent of GDP in 2019-20, and 8.9 per cent of GDP in 2018-19.
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Sovereign rating actions stall in 1H21: Fitch
Updated : 4 years, 8 months ago IST
Hong Kong, July 6 (ANI): Fitch Ratings said on Tuesday there were no sovereign rating upgrades and only three downgrades in 1H21, marking the fewest rating actions in a six-month period in more than 20 years.
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Real GDP growth likely to be 8.7 pc in FY22: Motilal Oswal
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 19 (ANI): Motilal Oswal Financial Services has projected real GDP growth of 8.7 per cent in FY22, down from 11.1 per cent it had forecast earlier.
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Pakistan: Imran Khan govt unveils Rs 8.5 trillion FY budget, defence gets
Updated : 4 years, 9 months ago IST
Islamabad [Pakistan], June 12 (ANI): Pakistan government on Friday proposed Pakistani rupees 8,487 billion budget for the next financial year with a fiscal deficit target at 6.3 per cent of gross domestic product (GDP).
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India to see fiscal deficit slippage in FY22: Fitch
Updated : 4 years, 10 months ago IST
Singapore, May 7 (ANI): Fitch Solutions on Friday revised its forecast for India's deficit to 8.3 per cent of GDP in FY22 (April 2021 to March 2022) from 8 per cent previously.
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Fitch affirms India at BBB-minus, Covid not to derail economic recovery
Updated : 4 years, 10 months ago IST
Hong Kong, April 23 (ANI): Fitch Ratings has affirmed India's long-term foreign-currency issuer default rating (IDR) at BBB-minus and said the surging second wave of Covid-19 might delay GDP recovery but will not derail the economy.
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