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Text of the Statement by the Union Finance Minister Shri Arun Jaitley on the United Kingdom Referendum; FM We are well prepared to deal with the short and medium term consequences of Brexit;. Our macro-economic fundamentals are sound with a very comfortable external position a rock-solid commitment to fiscal discipline and declining inflation. Our immediate and medium-term firewalls are solid too in the form of a healthy reserve position

News and Press Release - Dated:- 24-6-2016 - Following is the text of the Finance Minister Shri Arun Jaitley s Statement on the United Kingdom Referendum: We have just seen the final vote of the people of the United Kingdom in the referendum on whether to remain or leave the European Union. We respect the referendum s verdict. At the same time, we are also aware of its significance in the days ahead and also for the medium term. As I have often said, in this globalized world, volatility and unce .....

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strongly committed to our macro-economic framework with its focus on maintaining stability. Our macro-economic fundamentals are sound with a very comfortable external position, a rock-solid commitment to fiscal discipline, and declining inflation. Our immediate and medium-term firewalls are solid too in the form of a healthy reserve position. As investors look around the world for safe havens in these turbulent times, India stands out both in terms of stability and of growth. India, as you are .....

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