https://www.taxtmi.com/news?id=21549 The Economic Survey states that foreign exchange reserves remain comfortable and support external stability despite a widened current account deficit driven by a deteriorated trade balance from higher crude prices. Financing of the deficit has shifted toward more stable sources-an increased share of foreign direct investment and a lower share of net portfolio investment-while total liabilities to GDP have declined. External debt levels fell modestly with long term debt predominant. Trade facilitation measures and a draft National Logistics Policy aim to reduce trade costs and boost export competitiveness. en-us Thu, 04 Jul 2019 12:35:03 +0530 Thu, 04 Jul 2019 12:35:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21549 The Economic Survey states that foreign exchange reserves remain comfortable and support external stability despite a widened current account deficit driven by a deteriorated trade balance from higher crude prices. Financing of the deficit has shifted toward more stable sources-an increased share of foreign direct investment and a lower share of net portfolio investment-while total liabilities to GDP have declined. External debt levels fell modestly with long term debt predominant. Trade facilitation measures and a draft National Logistics Policy aim to reduce trade costs and boost export competitiveness. News - Thu, 04 Jul 2019 12:35:03 +0530 https://www.taxtmi.com/news?id=21549