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26 Feb 2013

BUDGET 2013

Run up to the Budget 2013: Govt's austere plans for 28 Feb
Government is widely expected to present an austere budget on Thursday for the 2013/14 financial year that begins in April, curbing public spending to rein in a bulging fiscal deficit and stave off a sovereign ratings downgrade.


All eyes are on how the finance minister will manage to meet his deficit targets even as the government tries to revive growth in Asia's third-largest economy.