Bahrain is making good progress on its fiscal consolidation plan and is on track to eliminate its deficit by 2022 as planned, Finance Minister Sheikh Salman bin Khalifa Al Khalifa said on Saturday
Malaysia's 2020 budget contains modest fiscal easing of the deficit target in response to increased economic growth risks, but does not represent a significant shift in the government's consolidation efforts
#Japan 's consumptio #tax hike supports medium-term fiscal consolidation efforts, and the country's sovereign credit profile. It will lower Japan's debt ratio; however, very high public debt will remain a key credit weakness.
After #Moodys , ADB & other global agencies, now IMF cuts India#GDP growth forecast for FY20 by 90 basis points to 6.1%. Says India needs credible fiscal consolidation path to cut down on Govt's debt. Also slashes global growth forecast to 3% which is the lowest since 2008 crisis
Fiscal consolidation can be eased to avoid prolonged weakness, says @IMFNews
Government is committed to continue on the path of fiscal consolidation: FM @nsitharaman
JUST IN: S&P keeps outlook on India stable, lauds govt's fiscal consolidation drive
Let me emphasise (on) fiscal consolidation. We have met ambitious fiscal targets in each of the previous two fiscal years: PM @narendramodi