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IMF Fiscal Monitor Debt Presser
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IMF Fiscal Monitor Debt Presser
ieyenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ieyenews.com Daily Mail and Mail on Sunday newspapers.
The negative economic impact of the Covid-19 pandemic has received much attention, but less is known about its distributional consequences. This column presents new evidence on the pandemic’s inequality effects in Sweden using data on earnings and individual take-up of government Covid-19 support. The results show that income inequality increased during the pandemic, mostly
Friday, 28 May 2021 09:18 PM MYT
A general view of the Kuala Lumpur city centre November 22, 2020. Picture by Hari Anggara
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KUALA LUMPUR, May 28 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.
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