Same numbers, new story

>> Nofel Wahidbdnews24.com
Published : 16 June 2014, 12:45 PM
Updated : 16 June 2014, 12:45 PM

A lot has been said and written about this year’s budget. At first glance the story seems very familiar.

Unrealistic GDP growth expectation, large budget deficit, lots of bank borrowing, high risk of private sector crowding out. That is of course just the economic commentary.

Budgets being an exercise in political economy, there is, not surprisingly, a political equation too. (Read More)