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Moneycontrol » News Center » Business » Economy
Forex reserves for core sector projects: FM
Published on Wed, Dec 20, 2006 at 11:13   |  Updated at Wed, Dec 20, 2006 at 13:07  |  Source : Moneycontrol.com

Finance Minister P Chidambaram has said that the fiscal deficit will be contained to 3% of GDP by FY09.

He has also added that core sector projects are to be funded by means of forex reserves.

Chidambaram does not not see a fall-out of the Thai currency control in India.

 

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