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FRBMA
(redirected from Fiscal Responsibility and Budget Management Act)

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FRBMAFiscal Responsibility and Budget Management Act


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Besides, the states have also been advised to appropriately amend their Fiscal Responsibility and Budget Management Acts making room for more borrowings.
The recent enactment of the Fiscal Responsibility and Budget Management Act (2003) should inject an additional measure of fiscal discipline, but Fitch warns that it is no substitute for deeper tax reforms.
 
 
 
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