Will Budget 2024 pivot to populism? Here’s what Goldman Sachs analysts predict

Will Budget 2024 pivot to populism? Here’s what Goldman Sachs analysts predict

Despite growing concerns in the investor community that coalition politics might force Finance Minister Nirmala Sitharaman to relax the fiscal consolidation path and pivot towards welfare spending from capex, global brokerage firm Goldman Sachs is expecting the contrary. “We expect the general government to stick to the announced fiscal deficit target of 5.1% of GDP … Read more