RaboResearch - Economic Research

Economic Comment

India’s budget wins little applause

The budget for India’s fiscal year 2012/13 aims to reduce the fiscal deficit to 5.1% of GDP from 5.9% of GDP this year. With a rise in tax revenue and a more realistic growth assumption, next year’s budget seems more in reach than this year.

Economic Comment

Vietnam: Stay on course (Macro Comment)

After experiencing somewhat of an economic rollercoaster ride in 2011, inflation in Vietnam is finally easing. Nonetheless, Vietnam’s economic situation remains vulnerable and the government should make sure it stays on course.