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budget deficit News
7th Pay Commission blamed by Maharashtra for estimated deficit of Rs 19,784 cr
Wed, Feb 27, 2019
7th Pay Commission: The budget has also made a special provision for the farm debts waiver, though the state`s outstanding debt has shot up to Rs 414,411 crore or 14.82 per cent of the state`s Gross Domestic Product.
Budget deficit may rise in FY18, but will improve in years
Sun, Nov 19, 2017
In an interview to PTI, Moody's Investors Service V-P (Sovereign Risk Group) William Foster said the agency believes that the government's commitment to fiscal consolidation remains and sustained growth would help it reduce debt burden.
Australia's budget drips with red ink, top credit rating at risk
Mon, Dec 19, 2016
Australia`s conservative government on Monday forecast a Australian dollar 10 billion deterioration in its budget deficit over the next four years but still hoped to snatch a surplus by 2021 and forestall a damaging downgrade of its top credit rating.