Fiscal Deficit

The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.

India's federal fiscal deficit between April and May touched $25.84 billion, or 12.3 per cent of the year-to-March budgeted target, data showed.

Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices

India's government won't be able to cut its budget deficit in the current fiscal year as previously projected, officials said, but will seek to cap the shortfall at last year's level to prevent a major deterioration in public finances.

Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing risk to budget level of gross fiscal deficit

Pakistan Finance Minister Miftah Ismail said on Friday the government would raise taxes on the rich and ban government officials from buying new cars, amid pressure to control the fiscal deficit.

As per the report, the central deficit is expected to be at 6.7 per cent and states' at 3.5 per cent in the current fiscal

Fiscal deficit for 2021-22 worked out to be 6.71 per cent of the gross domestic product (GDP), lower than 6.9 per cent projected by the Finance Ministry in the revised Budget Estimates, according to government data released on Tuesday.

The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.

India's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening

The Indian government is likely to stick to its fiscal deficit target as specified in the budget and there may not necessarily be a need for increasing government borrowing just yet, governor Shaktikanta Das told CNBC-TV18 in an interview on Monday.

Government is considering spending an additional Rs 2 lakh crores ($26 billion) in the current fiscal to cushion consumers from rising prices

India's decision to go ahead with a much-reduced target for its vaunted life insurers initial public offering, as skittish investors continue to pull money from the South Asian nation, is adding to the risks threatening the nation's fiscal deficit target.

Many states are spending high amounts on populist schemes and with the GST compensation ending in June, they need to re-prioritise their expenditure

India's gold imports, which have a bearing on the country's current account deficit (CAD), rose by 33.34 per cent to $46.14 billion during the 2021-22 fiscal on higher demand, according to official data.

The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.

India's federal fiscal deficit between April and May touched $25.84 billion, or 12.3 per cent of the year-to-March budgeted target, data showed.

Government can meet the fiscal deficit target of 6.4 per cent for 2022-23 if there are no excise duty cuts to lower high oil prices

India's government won't be able to cut its budget deficit in the current fiscal year as previously projected, officials said, but will seek to cap the shortfall at last year's level to prevent a major deterioration in public finances.

Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing risk to budget level of gross fiscal deficit

Pakistan Finance Minister Miftah Ismail said on Friday the government would raise taxes on the rich and ban government officials from buying new cars, amid pressure to control the fiscal deficit.

As per the report, the central deficit is expected to be at 6.7 per cent and states' at 3.5 per cent in the current fiscal

Fiscal deficit for 2021-22 worked out to be 6.71 per cent of the gross domestic product (GDP), lower than 6.9 per cent projected by the Finance Ministry in the revised Budget Estimates, according to government data released on Tuesday.

The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.

India's export duty hikes and tax cuts will likely hurt economic growth and raise the chances of the fiscal deficit widening

The Indian government is likely to stick to its fiscal deficit target as specified in the budget and there may not necessarily be a need for increasing government borrowing just yet, governor Shaktikanta Das told CNBC-TV18 in an interview on Monday.

Government is considering spending an additional Rs 2 lakh crores ($26 billion) in the current fiscal to cushion consumers from rising prices

India's decision to go ahead with a much-reduced target for its vaunted life insurers initial public offering, as skittish investors continue to pull money from the South Asian nation, is adding to the risks threatening the nation's fiscal deficit target.

Many states are spending high amounts on populist schemes and with the GST compensation ending in June, they need to re-prioritise their expenditure

India's gold imports, which have a bearing on the country's current account deficit (CAD), rose by 33.34 per cent to $46.14 billion during the 2021-22 fiscal on higher demand, according to official data.