Seoul, April 12 (IANS) South Korea’s national debt is projected to approach 60 per cent of its gross domestic product (GDP) by 2030, government data showed on Sunday, with the pace of increase widely expected to accelerate amid slowing growth and growing fiscal burdens.The country’s debt-to-GDP ratio stood at 49 percent last year, up 3 percentage points from a year earlier, according to the national settlement report from the finance ministry, reports Yonhap news agency.The increase marks the la…
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Mumbai, Feb 3 (IANS) Shiv Sena Uddhav Balasaheb Thackeray (UBT) on Tuesday claimed that Union Finance Minister Nirmala Sitharaman presented yet another budget in Parliament on February 1, which was a “magical collection of imaginary baits swapping the old unfulfilled promises for distant dreams of 2047”.The Thackeray camp in the party’s mouthpiece ‘Saamana’ editorial said, “While the government talked about 12 years of robust economic growth, the immediate aftermath of the 85-minute speech saw a…