What is stimulas package in budget?

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1108659

2026-02-28 10:10

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A stimulus package is a set of economic measures implemented by a government to boost economic activity during a downturn or recession. It typically includes a combination of tax cuts, increased government spending, and direct financial support to individuals and businesses. The goal is to enhance consumer spending, create jobs, and stimulate economic growth. Stimulus packages are often introduced in response to crises, such as financial recessions or significant economic disruptions.

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