TaxTMI 
TaxTMI 
Sustaining Improvement in BoP Position – A Challenge
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....ustaining Improvement in BoP Position – A Challenge <br>News and Press Release<br>Dated:- 9-7-2014<br><BR>The Economic Survey 2013-14, presented today in the Lok Sabha by the Union Finance Minister ....
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....Shri Arun Jaitley, has noted that sustaining the improvement in the BoP position in the medium term is a challenge. Given the uncertain global environment and the frequent bouts of flight of capital o....
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....n aversion to all kinds of risks, there is need to put in place a mechanism for closely monitoring developments and assessing vulnerabilities so as to take measures to cope with the situation. The Su....
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....rvey observed that the improvement in the BoP position during the latter half of 2013-14 was indeed swift and owed to exceptional measures like restrictions on non-essential imports and limited period....
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.... incentives for certain varieties of capital flows and the impact of overall economic slowdown on imports. Sustaining the robust outcome in the medium term is a challenge as some of the restrictions n....
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....eed to be gradually withdrawn and there is a need to adjust not merely to the asset purchase taper by the US Fed but also to the eventual exit from the accommodative monetary policy stance by the adva....
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....nced economies.<BR> News - Press release - PIB....