Lead us not into temptation Premium Story
While impressive in its pace, the economic recovery, in level terms, remains significantly below that implied by the pre-pandemic growth…
Removing emergency accommodation is one thing and relying solely on culling credit growth—barely positive in real terms—is another
Income-loss is a big headwind to growth in the medium term; Budget must cut fiscal deficit sharply, while increasing income…
Policies need to focus on minimising this massive income loss from the pandemic’s permanent scarring.
Budget allays fears of excessive tightening; tail risk remains
Budget 2018: The budget ignored these facts, instead choosing to justify accommodating a 0.3% of GDP breach of the FY18 deficit…
One can pray the world turns out to be as benign as anticipated. Otherwise, policies could well have to be…
The critical debt problem calls for deep surgery, not more band aid.
