Chancellor Rachel Reeves changes fiscal rules to borrow more to invest | Money news – Uptrends

Chancellor Rachel Reeves changes fiscal rules to borrow more to invest | Money news

 – Uptrends

Rachel Reeves will rewrite the Government’s fiscal rules in next week’s Budget to allow it to increase borrowing for public investment by around £50 billion. Speaking to Sky News in Washington, DC, the Chancellor said: Self-imposed rule Under which borrowing must decline by the fifth year of the economic outlook will be redefined from the … Read more

is fiscal stimulus still an option? – Uptrends

is fiscal stimulus still an option? – Uptrends

  ISLAMABAD: For most political parties in Pakistan, the post-election economic strategy is straightforward: plan the next stimulus in the form of an infrastructure spending spree (CPEC 2.0), increased social net spending (BISP+, retaining subsidies, etc), or tax concessions for the realty sector – all to be funded by public debt. Since any new debt … Read more