Discover and read the best of Twitter Threads about #fiscalexpenditure
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Zhang Bin, senior fellow of CF40, believes that specific measures to deal with the #novelcoronavirus does not require special responses from #aggregatepolicy. The measure shall target towards specific regions, industries and sectors.
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Given weak economic growth and relatively low prices, it is necessary to relax aggregate economic policies, such as increasing #fiscalexpenditure and cutting #interestrate. With or without an #epidemic, these policies are worth considering.
There is no need to link these aggregate policies with the epidemic.
