The comments came after India Thursday raised its borrowing target for the fiscal year though March by 528 billion rupees $10.8 billion, surprising the market and sparking concerns about how the government would meet its fiscal-deficit aim of 4.6% of gross domestic product. ❋ Bijou George (2011)
In fact, with tax revenue under pressure as economic growth slows, India even coming "very close" to meeting its fiscal-deficit target would be proof of its commitment to fiscal consolidation, she said. ❋ Bijou George (2011)
Aninda Mitra , an analyst at Moody's Investors Service, said India's local-currency debt rating could be upgraded if the government meets its fiscal-deficit aims in the medium term. ❋ Abhrajit Gangopadhyay (2011)
The central bank issued another warning, saying the government could miss its fiscal-deficit aim of 4.6% of gross domestic product in the year through March as revenue growth weakens amid a cloudy economic outlook. ❋ Nupur Acharya (2011)
Poland's fiscal-deficit figures include the impact of transforming the country's pension system, since some current contributions into the system go into private funds, leaving the state-run system with a funding shortfall. ❋ Unknown (2010)
The government is expected to unveil a fiscal-deficit reduction plan in June. ❋ Unknown (2010)
"The anticipated weaker performance of revenues and increase in expenditures both point to the risk of slippage in the fiscal-deficit target, and a contingent increase in financing requirements," the central bank said in its report. ❋ Unknown (2009)
The government had planned to stick to its fiscal-deficit target for this fiscal year and reduce the deficit to 5.5% of gross domestic product next year. ❋ Unknown (2009)
NEW DELHI -- India risks missing its already yawning fiscal-deficit aim of 6.8% for the current fiscal year because of unforeseen expenditures to fight a drought and the difficulty in meeting its tax-revenue target, a top government think tank said Tuesday. ❋ Unknown (2009)
You mention how the president was elected six months ago on a platform of change, but do not mention his accomplishments, such as giving a new jump-start to the peace negotiations with the two major guerrilla groups, tackling the fiscal-deficit crisis, making significant constitutional reforms and meeting with great diplomatic success, particularly here in the United States. ❋ Unknown (2008)
"The last four years, I've achieved my fiscal-deficit number; there's no reason to believe that I won't achieve it next year," he said. ❋ Unknown (2008)
Despite the raise, Finance Minister P. Chidambaram said the government will stick to its fiscal-deficit target of 2.5% of gross domestic product in the fiscal year ending March. ❋ Unknown (2008)
If oil prices surge "there are simply two choices - either we allow our fiscal-deficit target to go, or we decide to pass on some of this additional price to the users," he said. ❋ Unknown (2011)
"India needs to rediscover that reforming zeal otherwise the growth we are enjoying today may not last," said Rahul Bajaj, chairman of Pune-based Bajaj Auto Ltd., India's No. 2 motorcycle maker, who wants action on corruption, infrastructure, a proposed tax overhaul and fiscal-deficit reduction. ❋ Unknown (2011)
THE economy has slowed to a crawl, unemployment is rising and George Osborne's fiscal-deficit reduction plan is two years behind schedule, as he admitted in his bleak autumn statement on November 29th. ❋ Unknown (2011)
In Asia overnight, focus was on Japan where Standard & Poor's cut Japan's long-term debt rating to AA- from AA, citing high fiscal-deficit problems for the country. ❋ Unknown (2011)