Interest payments: India’s soaring debt may curb productive spending

[ad_1]


Foster expected debt to stabilise at around 92% of GDP by FY25, against 88.9% (Moody’s estimate) in FY21. This is among the least optimistic projections of India’s debt profile; some other agencies have forecast the burden to ease with a pick-up in economic growth.

[ad_2]

Source link

Leave a Comment

Your email address will not be published. Required fields are marked *