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India announced a fiscal package worth `1.7 trillion to fight the COVID-19 pandemic, but there were arguments for more spending. Using data from a cross-section of countries, this paper estimates the relationship between fiscal spending and the spread of COVID-19, economic stringency, and macroeconomic factors. It argues that subsidy rationalisation is the way to fund the

United statesSouth africaUnited kingdomAnna petherickJan dhanSam websterOxford covidToby phillipsBeatriz kiraFood corporation of indiaLibrary of munichEconomic survey of indiaNational bureau of economic researchWorld bankBlavatnik school of governmentFiscal responsibility