Sajjid Chinoy writes: Budget makes a beginning in fixing economy’s plumbing. Implementation is key
To understand this year’s budgetary choices and trade-offs, it’s first important to appreciate the global and domestic context against which it was presented. There seem to be two conflicting forces at play. First, even as global growth has remained resilient, global disinflation has been gradual and halting, such that interest rates in some parts of…