While calling the bluff of the TDP and its friendly media on the State’s finances, the YSR Congress Party, in its rebuttals backed by facts and figures, has asserted that the State’s financial management and fiscal discipline are better.
Addressing the media here on Friday, Finance Minister Buggana Rajendranath Reddy said the State had done well despite COVID-19, and that its debt was “well under control vis-a-vis the TDP term.”
Mr. Rajendranath Reddy said the annual debt growth rate during the previous government’s term between 2014 and 2019 was 19.2%. It was brought down to 15.77% by the YSRCP government, he added.
