consolidated sinking fund

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    Financial Reforms in Punjab: AAP Government Cuts Debt-to-GSDP Ratio

    Chandigarh, March 3 – Punjab Finance Minister Harpal Singh Cheema stated on Tuesday that the AAP government has reduced the debt-to-GSDP ratio to 44.47 percent, a decrease of four percentage points. He also claimed that the government is spending 85 percent of its borrowings on servicing...
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