Fiscal Policy Office supports plan to stimulate grassroots economy
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The Fiscal Policy Office (FPO) agrees with the new Council of Economic Ministers' plan to stimulate the grassroots economy by putting money into the hands of low-income earners via the Village Fund scheme as it will create a multiplier effect that will bo
The FPO said state spending could and should be utilised to drive the economy because the country’s financial stability is strong thanks to good fiscal discipline in the past and there is low unemployment, while global demand is still weak and the country’s economy is currently fragile.
