IN A significant shift from having fiscal deficit as the only operational target for fiscal consolidation, the central government has detailed the shift towards “debt-GDP ratio” as the fiscal anchor ...

The government is set to reduce the debt-GDP ratio to 50 per cent by March 2031 from the current 57.1 per cent, with Finance Minister Nirmala Sitharaman outlining a plan to lower the fiscal deficit to ...

As expected, Finance Minister Nirmala Sitharaman in her FY26 Budget announced a new glide path with debt to gross domestic product (GDP) ratio as the fiscal anchor, moving away from the current ...

The Centre from financial year 2026-27 will target a fiscal deficit that will bring down its debt-to-GDP ratio in the 49-51 percent range by 2030-31. "Sans any major macro-economic disruptive ...

India's finance minister announced a new roadmap to reduce the debt-GDP ratio to 50% by FY31. This strategy involves a phased approach to fiscal consolidation, with a focus on maintaining a declining ...

The IMF lists Spain’s gross debt to GDP ratio as 123% in October 2020 and its net debt to GDP ratio as 106.91%.a The difference between the two figures is that gross debt counts all of the money owed ...

This formula counts the debts of all levels of government ... So, national debt figures are called the debt-to-GDP ratio and are expressed as percentages. The gross debt-to-GDP figures given by the ...

with the aggregate household debt-to-gross domestic product ratio remaining broadly stable at 83.8%. This was primarily attributed to a 6.2% increase in household borrowing, underpinned by ...

With the Budget for 2025-26 introducing a new roadmap for its debt-to-GDP ratio, the Centre has no plans to immediately go back to the earlier target of 40 percent set by the Fiscal Responsibility ...

OWING to prudent management by the People’s Progressive Party/Civic (PPP/C) Government, the total Public and Publicly Guaranteed (PPG) debt-to-GDP ratio has reduced from 47.4 per cent at the end of ...

For comparison, data from the International Monetary Fund (IMF) reveals that the debt-to-GDP ratio in well-developed nations such as the United States (124.1%) and Canada (103.2%) also exceed 100%.

In the first seven to eight months until November, there has been a 12% de-growth. “Using a simple rule of thumb, as long as fiscal prudence is maintained, it is possible to achieve a gradual downward ...