With the rise of Brent against USD 75 per barrel, the absolute, real and nominal GDP can adjust post calculations. Post the rising barrel prices, the fiscal deficit as a percentage of GDP can have a correlation factor known as the price elasticity of the Brent Crude post inflation. Here is a report.
Fiscal year slippage for oil
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Anirban Kar (Riju)
A writer by passion, an engineer by degree, a consultant by profession, a poet by heart, an artist by mind, a sportsman by nature and a man by words! He has completed his degree coursework from the USA, and is an engineering graduate from India.
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