The Finance Ministry’s combative approach to some key issues, including the retrospective taxation of foreign companies and the potential composition of the proposed monetary policy committee, has raised concerns over the past few months. But an apparent softening of its stance in recent weeks provides hope that the Finance Ministry is beginning to see the big picture in terms of encouraging investment and promoting policymaking credibility.
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