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n. sivaraman

N. Sivaraman

In light of the expected rebound in revenues, a revenue deficit of 3.5% of GDP and a fiscal deficit of around 5% of GDP for the government in FY2022 may provide enough space for prioritising health expenditure, vaccine rollout and capital spending

Budget 2021: Balance between fiscal prudence and growth will be key

by N. Sivaraman |Jan 25, 2021

The government should aim for a balance between reducing the fiscal deficit to a level that can be financed comfortably by the markets, and prioritising spending on those areas that will boost confide...

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