Govt. postpones monetization of deficits. My thoughts:
— Sabyasachi Kar (@Sabya_K) April 21, 2020
1. The govt. doesn't seem to be budgeting for its Covid-related expenditures right now. Instead, expenditures will be made as per need. If expenditures can be covered by borrowing, the govt. wants to avoid monetization.
1/7 https://t.co/yhulGbhAlf
via Twitter https://twitter.com/Sabya_K
April 21, 2020 at 12:32PM
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