VOL. XXXVII
NO. 21
21-FEBRUARY-1994
Financial and Banking News
Economic Indicators
The Budget for 1992-93
The projected deficit for 1992-93 was equivalent to about 4% of GDP, which iswithin prudential limits. Deficit financing continued to move towards a greaterreliance on local funding rather than foreign aid and loans. The 8.8% increasein expenditure projected for 1992-93 was the smallest in recent memory andreflects the government's success in reducing the overall rate of inflation.
1992-93...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!