Nigerian Fiscal Austerity is a Moral Armament

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Of all the policy options at the disposal of the Federal Government in response to the recent slump in the price of crude oil, fiscal austerity is the most morally justified. It is also the least risky option. But as with all economic policies, there are countervailing arguments. So, we can decide to maintain fiscal deficit at the same level. Or find some reasons to widen the gap between Government

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