HILARY JOFFE: Grants not growth — a short-term fix with long-term risks
The relief package the government has put in place in response to the unrest is not without cost
01 August 2021 - 00:09
In theory, the dual purpose relief package the government has put in place in response to the unrest and the continued lockdown will be neutral for the public purse, in that extra spending will be offset by extra revenue. In practice, the package, modest as it is, is not without cost. And there are risks that could make it more costly over coming years...
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