The chairman of the Fiscal Policy Council warns of poorer economic times

  • Despite the fact that the is in balance after the , both the and the continue to spend expansive war budgets on partially borrowed .

  • The government’s motive for breaking the expenditure ceiling does not convince the Fiscal Policy Council, which presented its annual report this week.

  • How seriously does Chairman Heikensten view the government’s breach of fiscal policy rules? And do the rules need to be changed?

Source: ICELAND NEWS


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