On the fiscal side, the government will not be able to loosen purse strings and revenue enhancement measures will be required. In the past, the economy has experienced macroeconomic stabilisation where the timing matters a lot. If the political situation is normal, stabilisation could be achieved with ease. When the political situation is far from normal, these measures exacerbate the political situation. It seems that the government has to walk on the tight rope to balance macroeconomic stabilisation and politics.

Source: The Express Tribune October 12, 2020 03:00 UTC