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Defence spending will account for 1.2% of GDP in 2024, having remained stable at around this figure for at least the past two decades. Nevertheless, outside estimates of China’s…
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DOI: 10.1108/OXAN-DB286228
ISSN: 2633-304X
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This includes spending on programmes relating to sanitation, nutrition and provision of safe drinking water -- outlay that is separate from core health sector expenditure. The…
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DOI: 10.1108/OXAN-DB260151
ISSN: 2633-304X
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Emerging markets' infrastructure needs
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DOI: 10.1108/OXAN-DB218533
ISSN: 2633-304X
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The government projects a narrower fiscal deficit. The budget will be the last for a full fiscal year before the 2024 general election, when Prime Minister Narendra Modi’s…
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DOI: 10.1108/OXAN-DB275818
ISSN: 2633-304X
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The government has incurred debt to cover its COVID-19 business and social lockdowns. The defence budget is now a likely to target for cost-saving.
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DOI: 10.1108/OXAN-DB253358
ISSN: 2633-304X
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The fiscal deficit is projected to be 9.5% of GDP in 2020/21 -- compared with a budgeted 3.5% -- narrowing to 6.8% in 2021/22 and 4.5% by 2025/26. The government is counting on…
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DOI: 10.1108/OXAN-DB259393
ISSN: 2633-304X
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Yet this follows a government directive that the company cancel increases in its maximum sustainable capacity (MSC) of crude oil production from 12 million barrels per day (b/d…
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DOI: 10.1108/OXAN-DB285954
ISSN: 2633-304X
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High on the agenda is the need for science to work across disciplines to address complex societal problems. In 2015, research and development (R&D) funding increased by 5.1…
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DOI: 10.1108/OXAN-DB211319
ISSN: 2633-304X
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India's banking recapitalisation.