The 2024 supplementary budget highlights a controversial government decision: prioritizing the fight against inflation despite a historic economic slowdown. The projected economic contraction for the 2023-2024 fiscal year is expected to be -3%, potentially the most severe since the COVID-19 pandemic, according to economist Kesner Pharel, who spoke on the Panel Magik show on Thursday, August 22, 2024.
"This supplementary budget reflects the government's choice to combat inflation rather than mitigate the impact of a signifi
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