DG Viral Acharya warns of ‘crowding out’ risks, calls for an independent fiscal council.
— Ira Dugal (@dugalira) July 23, 2019
One imp takeaway from his research (which isn’t out on RBI site yet):
When government debt-to-GDP rises 1 PPT, AAA yields rise 2.3 PPT.
Imp read 👇🏽 https://t.co/dpnvXXcdxJ
via Twitter https://twitter.com/dugalira
July 23, 2019 at 09:16AM
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