Government Committed to bring down the Current Account Deficit (CAD) over Time and to Ensure that it is Financed Safely; IT Hopes to be able to Finance the CAD through Sufficient Foreign Inflows https://www.taxtmi.com/news?id=5027 The statement addresses management of the Current Account Deficit, noting it has been financed without using foreign exchange reserves and affirming a commitment to reduce the CAD over time while ensuring safe financing through adequate foreign inflows. Policy measures include increasing government and household savings, facilitating FDI and FII, and continuous monitoring by monetary and fiscal authorities with further steps to be taken if warranted. en-us Fri, 29 Mar 2013 12:19:23 +0530 Fri, 29 Mar 2013 12:19:23 +0530 TaxTMI RSS Generator Government Committed to bring down the Current Account Deficit (CAD) over Time and to Ensure that it is Financed Safely; IT Hopes to be able to Finance the CAD through Sufficient Foreign Inflows https://www.taxtmi.com/news?id=5027 The statement addresses management of the Current Account Deficit, noting it has been financed without using foreign exchange reserves and affirming a commitment to reduce the CAD over time while ensuring safe financing through adequate foreign inflows. Policy measures include increasing government and household savings, facilitating FDI and FII, and continuous monitoring by monetary and fiscal authorities with further steps to be taken if warranted. News - Fri, 29 Mar 2013 12:19:23 +0530 https://www.taxtmi.com/news?id=5027