1945

Fiscal balance

During the period between 2010 and 2012, the region as a whole had a modest fiscal deficit of around 3.5%. However, some countries — namely, India, Japan, Kyrgyzstan, Maldives, Pakistan, Sri Lanka and Timor-Leste — continue to have large fiscal deficits, over 5% of GDP. India, Kyrgyzstan, Pakistan and Samoa were able to reduce their fiscal deficits in 2013. Timor-Leste’s fiscal deficit improved only marginally from 33.4% of GDP in 2012 to 27.1% in 2013, while fiscal balances deteriorated in Georgia, Indonesia, the Lao People’s Democratic Republic, Myanmar, Tajikistan and Viet Nam.

Related Subject(s): Population and Demography
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