https://www.taxtmi.com/news?id=14048 Create additional fiscal space via a medium term fiscal strategy built on deficit reduction and expenditure control. Deficit reduction prioritizes achieving the established fiscal deficit target and eliminating the revenue deficit so borrowing over the cycle finances only capital formation. Expenditure control requires firm spending discipline, improved quality of public expenditure, and switching resources from consumption subsidies toward public investment to support growth while preserving fiscal credibility. en-us Fri, 27 Feb 2015 13:14:21 +0530 Fri, 27 Feb 2015 13:14:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14048 Create additional fiscal space via a medium term fiscal strategy built on deficit reduction and expenditure control. Deficit reduction prioritizes achieving the established fiscal deficit target and eliminating the revenue deficit so borrowing over the cycle finances only capital formation. Expenditure control requires firm spending discipline, improved quality of public expenditure, and switching resources from consumption subsidies toward public investment to support growth while preserving fiscal credibility. News - Fri, 27 Feb 2015 13:14:21 +0530 https://www.taxtmi.com/news?id=14048