21. Bank officials blamed the widening deficit especially on imports of capital goods, which have been rising amid economic expansion. 22. Comments by various senators underscored their unhappiness with this widening deficit. 23. Many economists blamed the widening deficit on disparities in economic growth between nations, with the United States recovery farther along than upturns in Europe and Japan. 24. Sinha, facing faltering growth and a widening deficit, proposed spending on infrastructure to get the economy moving. 25. The central bank attributed the widening deficit to a higher trade deficit during the period. 26. The Ministry of Trade, Industry and Energy attributed the widening deficit to rapid increases in industrial equipment imports from the United States, Japan and elsewhere. 27. The bank said the widening deficit reflected sharp drops in exports of heavy industrial products and chemicals as well as a persistent invisible trade deficit. |