Tuesday, August 3, 2021

Total debt expected to rise to 61.7% of GDP in FY22: Minister

In a written reply in the Rajya Sabha, Minister of State for Finance Pankaj Chaudhary said the government's amendment of the FRBM Act will target a path of fiscal consolidation aimed towards reaching a level of fiscal deficit below 4.5 per cent of GDP by 2025-26.

from Economy-News-Economic Times https://ift.tt/3imawRD
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