Moody’s Expects India’s Fiscal Position To Remain Weak ...Middle East

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Moody’s Expects India’s Fiscal Position To Remain Weak
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New Delhi: Moody’s Investors Service says that India’s (Baa3 negative) weak fiscal position will remain a key credit challenge in 2021. According to Moody’s, the prospects for fiscal consolidation remain weak particularly given the government’s mixed track record of implementing revenue-raising measures. Although the government has not provided an explicit medium-term fiscal consolidation road map, […] The post Moody’s Expects India’s Fiscal Position To Remain Weak appeared first on Ommcom News.

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