'Revision of the base year for both CPI and GDP are long overdue.''The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.''We have since seen the......
A careful reading of the national income accounts suggests that after a strong recovery from the pandemic, there has been a significant ebbing of dynamism over the last three quarters to more......
'How low GDP would have been, we don't know.''It raises serious questions because so many indicators are pointing to such a sharp decline and GDP estimates are still showing 4 per cent growth.'......
'The current budgetary practice of shifting expenditures off-balance sheet in order to be seen to be meeting fiscal targets should be discontinued; additional fiscal stimulus would be imprudent;......