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Ananthakrishnan Prasad - Euromoney Conferences

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Need to design a fiscal framework for<br />

the long term<br />

Multi-year budget framework useful to delink the budget from the volatility<br />

of oil prices<br />

Informed by a macro-fiscal unit<br />

A fiscal rule would be useful for long-term fiscal management<br />

Volatility of revenue and intergenerational equity considerations

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