You are here

India's move towards better fiscal management key for rating agencies: S&P

Friday, January 23, 2015 - 15:52

UNSET-23115.jpg
How the Indian government achieves better fiscal management could be more important as the fiscal deficit number alone would not give a true picture of the country's fiscal consolidation, an analyst at rating agency Standard and Poor's said on Friday.

[MUMBAI] How the Indian government achieves better fiscal management could be more important as the fiscal deficit number alone would not give a true picture of the country's fiscal consolidation, an analyst at rating agency Standard and Poor's said on Friday.

Takahira Ogawa, a director sovereign ratings at S&P, also said the current government is mindful of the quality of fiscal consolidation.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom