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Fiscal Responsibility and Budget Management Act
Fiscal Responsibility and Budget Management Act News
Debt-to-GDP ratio
18 Sep 2018
States set to miss 20% debt-to-GDP ratio target by FY23: Report
From a global perspective, the country remains an outlier in terms of both consolidated debt-to-GDP and debt-to-revenue ratios.
fiscal deficit target
20 May 2016
FY18 fiscal deficit target may be set at 3-3.5% than 3%: BofA
Government's fiscal deficit target for next fiscal could be changed to a 'range' and set at 3-3.5 percent of the GDP, rather than 3 percent, says a Bank of America Merrill Lynch (BofA-ML) report.
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