Capex at 3.4% of GDP: Ajay Seth on Fiscal Consolidation and Debt Reduction | Economic Affairs Secy

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2024-07-25に共有
Economic Affairs Secretary Ajay Seth says capex at 3.4% of GDP is the maximum government can afford given the fiscal consolidation roadmap. Tells Shereen Bhan that debt-to-gdp ratio is "elevated" at over 56% & the govt is hoping to bring it down to pre-pandemic levels but not in one go.

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コメント (3)
  • Excellent conversation. Waiting for the Financing Framework. Absolutely critical to show the way to private sector Capex in the most efficient and productive way possible. The focus on ICOR needs to be ensured and benchmarked properly with the global best.