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India raises spending and avoids “outright populism” in the pre-election budget

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Capital expenditure will increase by 33% to 10 trillion rupees in 2023/24 The government targets total borrowing at 15.43 trillion rupees It looks forward to a fiscal deficit of 5.9% in 2023/24, 4.5% by 2025/26 NEW DELHI (Reuters) – India on Wednesday announced one of the largest increases ever in capital spending for the next … Read more

France has been hit by a new wave of strikes to protest Macron’s pension reform

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The reform will raise the retirement age from 62 to 64 Schools, transportation networks and refinery deliveries have been affected Macron: Reform is vital to ensure the continuity of the pension system PARIS (Reuters) – Strikers disrupted French refinery shipments, public transport and schools on Tuesday, the second day of nationwide protests against President Emmanuel … Read more