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Nobel laureate Banerjee cautions against fiscal tightening

IndiaTimes Saturday, 11 January 2020
With less than a month for Union Budget 2020, Nobel laureate Abhijit Banerjee cautioned against fiscal tightening, stating that the fiscal deficit has already been breached by a huge margin. "Budget deficit numbers are a little bit imaginary so in that sense I do not think it is a big deal to breach it, and I would not be supporting fiscal tightening right now," said Banerjee.
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