Now is not the moment to clobber people and business with tax rises
The Chancellor must temper his desire to tackle the record-breaking budget deficit
28 February 2021 • 7:00pm
Better than any of its predecessors, Wednesday’s budget encapsulates the dilemmas and balancing acts that dominate economic policy. The main influence is the novel requirement to support the economy through the lockdown. But the thinking behind the budget reflects three established and often conflicting traditions in macro-economics – Keynesian advocacy of using the Government’s budget to manage aggregate demand; orthodox (Gladstonian) considerations of sound public finance; and (Austrian) concerns about economic structure and the long-term effects of government intervention.
The Treasury has outlined its position on why the repeal of responsible lending is necessary, in the final day of Senate hearings for its inquiry into the matter.
UAE: Man sues wife for not paying loan of car that was a birthday gift
Web report/Abu Dhabi
Photo: Wam
He claimed that she had asked him to finance the car that would be paid off in monthly instalments.
A man filed a lawsuit against his wife for refusing to pay off the remainder of a loan valued at nearly Dh108,000 that he d taken in order to pay for a car he bought in her name.
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Court documents state the plaintiff asked her to pay the remaining instalments on a bank loan of Dh107,977, which are due to end in March 2023, according to a report in Al Bayan.