competition in focus monthly magazine 2021
competition in focus monthly magazine 2021 published this article page no 294
Let us now examine as to how the Recapitalization Bond will work and what are the probable impacts on the economy. In all likelihood government will issue the bonds and banks will subscribe the instrument directly. In doing so the sovereign money will not move out and it will simply be an accounting entry. Money not changing hands will ensure that the government remains insulated from an additional burden on the fiscal. competition in focus monthly magazine 2021
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