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’s strategy – fiscal consolidation, growth-boosting structural reforms and higher inflation – could make to reversing the rise in … 10 percentage points of GDP is necessary by 2020 to eliminate the primary deficit, as targeted in the current medium … productivity growth, as well as inflation gradually rising to 2% thanks to unconventional monetary policy measures, the debt ratio …
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Budget Speech of the Finance Minister. URL: [http://admis.hp.nic.in/budget/Aspx/Anonymous/pdf/FS_Eng_2011.pdf] …
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BUDGET SPEECH 2011-2012 by DR. ABDUL HAFEEZ SHAIKH, Minister for Finance, Revenue, Economic Affairs, Statistics and …
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Republic is characterized by lower inflation rate during its high economic performance which can be explained by appreciation …
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Who prevails when fiscal and monetary authorities disagree about the value of public expenditure and how much to discount the future? When the fiscal authority sets debt as its main policy instrument it achieves fiscal dominance, rendering the preferences of the central bank, and thus its...
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, effective revenue ceilings induce an increase in deficit, debt and inflation. Under many scenarios, including recurrent adverse …, deficit and monetary rules, both in effectiveness at curbing public spending and welfare for private agents. However …
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