Fiscal outcome Remains Broadly on the Consolidation Trac Marked Improvement in Finances with Lower Fiscal Deficit of 4.8 Per Cent of GDP

Fiscal outcome Remains Broadly on the Consolidation Trac Marked Improvement in Finances with Lower Fiscal Deficit of 4.8 Per Cent of GDP https://www.taxtmi.com/news?id=1541 Progress on the government's consolidation path was supported by strong tax and non tax revenue growth, completion of most market borrowings, and a higher nominal GDP estimate that lowered the budgeted fiscal deficit and revenue deficit ratios. Continued consolidation depends on anchoring expenditure reforms, including subsidy measures, and following the medium term debt roadmap to realise projected deficit levels. en-us Fri, 25 Feb 2011 12:48:00 +0530 Fri, 25 Feb 2011 12:48:00 +0530 TaxTMI RSS Generator Fiscal outcome Remains Broadly on the Consolidation Trac Marked Improvement in Finances with Lower Fiscal Deficit of 4.8 Per Cent of GDP https://www.taxtmi.com/news?id=1541 Progress on the government's consolidation path was supported by strong tax and non tax revenue growth, completion of most market borrowings, and a higher nominal GDP estimate that lowered the budgeted fiscal deficit and revenue deficit ratios. Continued consolidation depends on anchoring expenditure reforms, including subsidy measures, and following the medium term debt roadmap to realise projected deficit levels. News - Fri, 25 Feb 2011 12:48:00 +0530 https://www.taxtmi.com/news?id=1541