profligatory

profligatory
a) Tending to or encouraging wastefulness.

Dr. K.M. Naidu pointed out that the present economic crisis was the result of profligatory behaviour of the government since 1985.

b) Tending to or encouraging immoral behaviour.

The adverse effect of profligatory fiscal policies pursued by successive governments on balance of payments disequilibrium and the consequent bungling of trade and payment plicies have seriously affected the efficiency of our trade and payments regime during the first forty years of our planned economic development.


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