Fiscal deficits

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    Moody's upgrades India's debt rating 23 December 2011

    "India's Baa3 rating incorporates credit strengths such as a large, diversified economy, robust medium term growth prospects and a strong domestic savings pool that facilitates the financing and refinancing of the government's relatively high debt burden," the ratings agency said...

    Keywords: fiscal deficits, lock-in period, India's sovereign debt rating, high debt burden

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