The case of the lira is instructive. Turkey has a low savings rate and an extraordinary appetite for hard currency borrowing by companies
4 min read19 Aug 2018The 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