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fiscal deficit

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India goes on a spending spree to boost growth, stokes concern over fiscal deficit

India goes on a spending spree to boost growth, stokes concern over fiscal deficit

India's government will step up spending to 39.45 trillion rupees ($529.7 billion) in the coming fiscal year to build public infrastructure and drive economic growth, it said on Tuesday, but it involves a wider fiscal deficit than targeted and record borrowing.

Vietnam fiscal deficit lower than projected

Vietnam fiscal deficit lower than projected

The fiscal deficit last year was 4 percent of GDP as against the government’s expectation of 5.59 percent amid falling revenues due to the Covid-19 pandemic.

Fiscal deficit to exceed target

Fiscal deficit to exceed target

Vietnam’s fiscal deficit could go up to 5.59 percent of the GDP this year, exceeding the 3.44 percent target as revenues fall over Covid-19 impacts.

October 21, 2020 | 03:30 am PT

Vietnam fiscal deficit to remain high: Fitch

Vietnam fiscal deficit to remain high: Fitch

Vietnam’s fiscal deficit is expected to remain at a high 5.7 percent of GDP in 2019, according to macro research firm Fitch Solutions.

June 14, 2019 | 07:00 pm PT

Vietnam’s economic growth to expand 6.9 pct in 2016-2017: UN report

Vietnam’s economic growth to expand 6.9 pct in 2016-2017: UN report

Vietnam’s economic growth is expected to grow 6.8 percent - 6.9 percent in 2016 and 2017 mainly on the back of continued consumer demand, said the United Nations on Thursday in its latest report for the Asia-Pacific region.

April 28, 2016 | 02:55 am PT

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