Saturday, August 3, 2013

Every effort will be made to finance current account deficit

................The ministry makes the point that the RBI figures of 2013 must be compared with the RBI figures of 2008. This point is well taken, though one would expect the RBI and Finance Ministry to give out the same figure in the future, to avoid confusion. The ministry also admits that some foreign debt related indicators do reflect vulnerability. The larger theme of the article is not denied.

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