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31 March 2024 / Report
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Copy LinkDipping into the old consumption toolkit. Boosting domestic consumption remains a key focus, but new ideas on how to do so are not forthcoming. The suggested measures may raise consumption at the margins, but are unlikely to have a substantial or lasting effect, without healthy growth in income and employment. For most MNCs, the lack of meaningful reform means that, at least for now, little is
likely to change immediately in the operating environment.
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