Rangarajan said a current account deficit of two percent brought about by a 16-17 percent annual growth in exports and a 14-15 percent rise in imports along with an increase in non-debt flows could lead to a reduction in the debt-service ratio to below 20 percent over the next five years .
<response> <person>Rangarajan</person> said a current account deficit of two percent brought about by a 16-17 percent annual growth in exports and a 14-15 percent rise in imports along with an increase in non-debt flows could lead to a reduction in the debt-service ratio to below 20 percent over the next five years . </response>