Govt doing good in fiscal spending – Moody’s analyst

The government is doing good in terms of fiscal spending toward robust economic growth, according to a Moody’s Investors Service analyst.

“Right now we are still underspending. But at the same time if you look at the fiscal impulse and how growth has actually has been aided by fiscal spending in the past, some of the criticisms are unbounded because the government is doing what it can,” Christian de Guzman, senior analyst and vice president for Moody’s Sovereign Ratings Group, told reporters on Monday.