BE/RBINOTE/46/2020
- The Covid19 pandemic has ransacked the economy.
- It is but for sure that the Government does not have enough fiscal support to revive the economy.
- It is also known that all the Government commitments are expenditure oriented and is meant to mitigate the pandemic’s impact.
- Thus, the finance space of states but for sure will cut the growth and end up in capital expenditure being squeezed.
- Hence fiscal stimulus is a must at this juncture.
Here is an article on the subject.
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