India Maintains Medium-Term Fiscal Strategy Amid Economic Pressures
3 hours agoBusiness
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1 SourcesNew Delhi, India
TBNthebalanced.news
India Maintains Medium-Term Fiscal Strategy Amid Economic Pressures

India's central government is committed to its medium-term fiscal strategy, aiming to reduce the deficit and lower central government debt to 50% of GDP by FY31. Despite macroeconomic pressures, officials express confidence in the strategy's continuation, citing the government's recent success in meeting deficit targets as evidence of its credibility and momentum for future consolidation efforts.

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