India

Technical Assistance Report-State of Tamil Nadu-Modernizing Budget Formulation and Managing Fiscal Risks

India
Although Tamil Nadu’s public financial management has been characterized by strong fiscal discipline to date, risks and challenges are emerging. The State has largely observed the Fiscal Responsibility Act targets on debts and deficit (25 percent and 3 percent to GSDP, respectively) except during the electricity bailout in 2016–17.1 However,... READ MORE...

Publication date: June 2020
ISBN 9781513548586
$18.00

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