1. Governments cut interest rates to spur demand. 2. In Maharashtra, for example, the government cuts off supplies to parts of the state once a week. 3. The government has cut taxes in order to stimulate investment. 4. The message is that the government will cut a deal with any threatened industry willing to pay through the nose. 5. Unless the government cuts spending, its finances will deteriorate further. 6. The government is cutting arms expenditure. 7. The unemployed are having their links with hope destroyed with the closure of some C A Bs due to government and local government cuts. 8. Among other proposals, it says the government should cut pension payments to retirees, raise the retirement age and reduce public works spending. 9. Among other things, the IMF will require the government to cut spending and raise taxes. 10. Analysts said this suggested the government may still cut rates to stimulate demand in the coming months. |