55- per cent hike in salaries and pensions of government employees stretching India's finances, but the government expressed confidence that the fiscal deficit
targets would not be breached.
Moody's reported that the fiscal deficit
is likely to increase again in 2015 to approximately 8 percent of GDP, reflecting higher wage and interest expenditures.
The budget should be seen as the tool for the economy and it would be better to gauge it on a long-term basis, he said, adding one should be rational that fiscal deficits
should not be too high.
Necessary measures have been initiated to contain the fiscal deficit
and the current account deficit.
The Report also points out difficulties faced by the government in financing the fiscal deficit
In the light of the worrisome account of the Indian economy, stated above, the objective of this paper is to examine the long--term relationship between fiscal deficit
and economic performance of the Indian economy during the period 1971-72 to 2010-11 .
I suppose we all have to worry about something but, judging by the amount of previous letters, the fiscal deficit
is not high on the agenda for many.
Best efforts would be made to contain fiscal deficit
Invited to explain a previous statement he made regarding the fiscal deficit
, the Government Spokesman said that "without measures and based on the data for the first semester of 2012 - and if this trend continues - the fiscal deficit
will reach around 4.
The Congressional Budget Office projects that the country's fiscal deficit
will average 5 percent of GDP for the rest of the decade, driving government debt to 90 percent of GDP, from less than 60 percent of GDP in 2009.
KARACHI, June 2 -- Fiscal deficit
may widen to as much as 5.
We examine the relationship between fiscal deficit
, government debt and taxes in this era of economic liberalization.
In statements to the press Thursday, the Minister said that any additional financial measures needed to be taken to reduce the fiscal deficit
will be taken after consultations with all social partners.
Summary: A surge in government revenues reduced Lebanon's fiscal deficit
by LL291 billion during the first two months of 2012 compared to the same period last year.
5-4 billion, "are expected to increase the overall Egypt's fiscal deficit
to around 8.