Top economists of the country advised the government against an expansionary budget for next FY25, citing external and internal economic stresses. They also suggested prioritizing macroeconomic stability over growth and taking effective measures to achieve it. The economists.
The amount of non-performing loans (NPLs) is likely to be much higher than that reported as the process does not fully take into account effects of scams and losses incurred by merchant banks due to the bursting of the stock price bubble, said a top economist at the unveiling of a book yesterday.