Macroeconomic Monitor
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2017.11.01

The 2018 Budget Tragedy: Indiscriminate Spending Without Reforms

budget 2018

Budget 2018 is in fact just a worse version of Budget 2017. The government continues with the same vicious practices of higher spending in the absence of structural reforms and increases in the tax burden, which will worsen the business environment and hit the incomes of workers. And, of course, the biggest disappointment of …

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