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What is a Populist budget? Its Pros, cons and impact defined

Governments often present populist budgets to gain public favour. These budgets offer immediate benefits like tax cuts and subsidies. However, economists warn of strained public finances and increased debt. Such plans can also impact investor confidence and currency value. Inflationary pressures may rise due to increased spending. Critics note potential widening of inequalities and institutional weakening.

30 Nov 2025 5:14 pm