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General . China . 1 year ago

China targets 'proactive' fiscal policy

China targets 'proactive' fiscal policy

China, with more forceful countercyclical adjustments in mind, will steer toward "very proactive" fiscal policy this year — including increasing the deficit-to-GDP ratio and issuing larger-scale government bonds, and will "front-load" its fiscal firepower to better underpin a positive economic gro...

El Tiempo
El Tiempo

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