EPISODE · Sep 29, 2020 · 2 MIN
Cutting government spending
from Die ekonomie minuut · host Waldo Krugell
The mini-budget in October is going to be one of the most important economic events of the year and it's already in the news. The Minister of Finance must stabilize the budget deficit-to-GDP and debt-to-GDP ratios. But because the Gross Domestic Product has been shrinking, and government spending has increased, it is a very difficult task.
What this episode covers
The mini-budget in October is going to be one of the most important economic events of the year and it's already in the news. The Minister of Finance must stabilize the budget deficit-to-GDP and debt-to-GDP ratios. But because the Gross Domestic Product has been shrinking, and government spending has increased, it is a very difficult task.
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Cutting government spending
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