I don't understand why they are so keen to stay in the IMF. |
I don't understand why they are so keen to stay in the IMF. |
In theory yes this (interest rate hike) would work but the problem we have is that on the other hand the government cannot rein in spending. |
Its pretty much what I expected. It seems we are going to be stuck with double digit month on month figures which means annual inflation will rise faster. |
Their own figures suggest the country has been running a very severe balance of payments deficit. |
US$120 million (euro97 million) would be used far more effectively for food, fuel and so forth. |