Sunday, August 30, 2020

Brickwork Ratings expects Central govts fiscal deficit to touch ~7% of GDP in 2020-21, against budget estimates of 3.5%

Brickwork Ratings expects the economy to gradually pick up from the third quarter of this fiscal. Given early signs of resumption in business activity, we expect revenue collections to reach pre-Covid levels towards the end of the third quarter, hoping that festive season demand induces consumption and spending.

from India Infoline News Service https://ift.tt/3gIAwCH

No comments:

Post a Comment