Govt must focus on growth, not credit ratings: Rajan

“In this environment, focusing on a credit rating is just nuts. Your credit rating just does not depend on your level of debt, it depends on how you are going to grow out of the debt. We cannot worry about spending. We certainly have to focus the spending but we have to repair the damage now,” Rajan said during an NCAER online conference .

from Stocks-Markets-Economic Times https://ift.tt/3fpRBBv