Debt Audit
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Delhi Government's Debt Increased By 7% In 4 Years Up To 2019-20: Audit Report
The Delhi government's debt increased by nearly seven per cent in the four-year period up to 2019-20 although it maintained a revenue surplus, according to a CAG audit report tabled in the Assembly on Tuesday.
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China $3 trillion local government debt stirs alarm
Calls for China to accelerate financial reforms grew louder on Monday after figures showed its indebted local governments owe nearly $3 trillion in a debt build-up that some analysts called alarming.
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China says local government debt soars
China on Monday announced the results of a long-awaited debt audit, revealing that liabilities carried by local governments ballooned to 17.9 trillion yuan ($2.95 trillion) as of the end of June.
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Delhi Government's Debt Increased By 7% In 4 Years Up To 2019-20: Audit Report
The Delhi government's debt increased by nearly seven per cent in the four-year period up to 2019-20 although it maintained a revenue surplus, according to a CAG audit report tabled in the Assembly on Tuesday.
-
China $3 trillion local government debt stirs alarm
Calls for China to accelerate financial reforms grew louder on Monday after figures showed its indebted local governments owe nearly $3 trillion in a debt build-up that some analysts called alarming.
-
China says local government debt soars
China on Monday announced the results of a long-awaited debt audit, revealing that liabilities carried by local governments ballooned to 17.9 trillion yuan ($2.95 trillion) as of the end of June.
