A ramping up of anti-government protests and advanced estimates showing GDP growth dropped to its weakest rate since the global financial crisis in FY19/20 increases the pressure on the finance ministry to deliver additional fiscal stimulus in next month’s union budget. That would provide a small boost to growth over the coming quarters, at the cost of putting upward pressure on bond yields.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services