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Bank of France Cuts Growth Outlook as Budget Cuts Seen Biting

The Bank of France cut its growth forecasts for the next two years as it included higher assumptions for energy prices and a hit to activity from spending cuts to close down the budget deficit.

1 min read11 Jun 2024

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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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