https://www.taxtmi.com/news?id=13748 The Government reaffirms commitment to meeting its fiscal deficit target despite challenging conditions: slower growth weakening revenues, optimistic budget projections not materializing, legacy expenditures, and the difficulty of consolidating fiscal accounts while the economy operates below potential. Recent policy actions and lower commodity prices have reduced inflation and improved investor sentiment, but sustaining recovery requires reviving private investment, potentially greater public investment, prudent management of capital inflows and exchange-rate effects, and advancing structural reforms such as the Goods and Services Tax and expanded direct transfers. en-us Fri, 19 Dec 2014 17:26:46 +0530 Fri, 19 Dec 2014 17:26:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13748 The Government reaffirms commitment to meeting its fiscal deficit target despite challenging conditions: slower growth weakening revenues, optimistic budget projections not materializing, legacy expenditures, and the difficulty of consolidating fiscal accounts while the economy operates below potential. Recent policy actions and lower commodity prices have reduced inflation and improved investor sentiment, but sustaining recovery requires reviving private investment, potentially greater public investment, prudent management of capital inflows and exchange-rate effects, and advancing structural reforms such as the Goods and Services Tax and expanded direct transfers. News - Fri, 19 Dec 2014 17:26:46 +0530 https://www.taxtmi.com/news?id=13748