Do you think the Budget will revive the economy?
The Budget is balanced with a few things that will increase aggregate demand, which could increase growth. For example, the decrease in tax rates for the income level that consumes the most will
surely affect demand. Another helpful thing is the elimination of FIPB, which should remove unnecessary regulations and barriers to foreign investment and help growth.
What was the best thing about the Budget?
The two best things are the strict discipline on the magnitude of the deficit and lowering taxes. The rating agencies will like the former and a