The Government can bump up its debt level to improve the wellbeing of the people and ensure that the country’s economic recovery agenda is on track, but the spending has to be prudent. Economists feel that the deficit target revision was not unexpected as the Government currently needs to be ahead of the curve with respect to providing support and stimulate the economy amid a slowing pace in investments from the private sector.
Expansionary fiscal stance is the need of the hour — economists
2021-05-28T16:53:44-04:00May 28th, 2021|
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