FM lures FIIs, assures to cut deficit by 60bps for 4 yrs
The finance minster has promised foreign institutional investors (FIIs) that he will stick to the 5.3% deficit for the current year. He aims to reduce the deficit by 60 basis points in each year for the next four years till it reaches 3%.
He reassured investors that he doesn’t intend to make the upcoming Budget populist or an election Budget
EXPECTING TOMMOROW NS MAY TRADE IN 6030-6088 RANGE
ABV 6088 BULLS MAY REGAIN CONTROL
The finance minster has promised foreign institutional investors (FIIs) that he will stick to the 5.3% deficit for the current year. He aims to reduce the deficit by 60 basis points in each year for the next four years till it reaches 3%.
He reassured investors that he doesn’t intend to make the upcoming Budget populist or an election Budget
EXPECTING TOMMOROW NS MAY TRADE IN 6030-6088 RANGE
ABV 6088 BULLS MAY REGAIN CONTROL
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