at the end of this year.
Chancellor of the Exchequer Sunak, a rising star in Conservative Prime Minister Boris Johnson's administration, has so far pumped billions into virus-related health spending and jobs support schemes.that will support wages of staff keeping at least one-third of their usual working hours. "The best option now is holding your breath. The whole private sector is at risk at the moment," said Advani. Inflation would only"slowly" erode state debt over time, he added.
"When the coronavirus crisis has been dealt with – to the extent that businesses are able to fully resume normal trading – there will have to be measures taken to bring the budget back to balance," Dent told AFP.
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