“Wars and Inflation: Governments Need Responsible Borrowing” • Finance Minister stresses responsible borrowing.
• War and conflict fuel global inflation, necessitating normalcy to prevent supply chain disruptions.
• Finance Minister Nirmala Sitharaman emphasizes the need for responsible borrowing plans and addressing intergenerational debt.
• She stresses the need for taxation to repay debts, as it will limit resource generation.
• She emphasizes the need for collaboration between governments and industry to manage national and sub-national debt.