Moody s lauds Modi govt s 2018 Union Budget, says it strikes balance between fiscal prudence and growth
Moody s lauds Modi govt s 2018 Union Budget, says it strikes balance between fiscal prudence and growth
The Revised Fiscal Consolidation Path Is Modestly Shallower Than The Previous Roadmap, But Does Not Fundamentally Alter India s Overall Fiscal Strength, Says William Foster, Vice President-Senior Credit Officer At Moody s. PTI | Updated on: 05 Feb 2018, 12:59:32 PM
New Delhi:
Credit agency Moody s has praised the Modi govt s Budget for 2018-19 stating that it strikes a balance between fiscal prudence and growth
The rating agency added that a slight slippage in fiscal deficit has no material impact on overall economic strength.