For the past five years
we have been force-fed with high doses of Programme Based Budgeting , the Ease of Doing Business Index, labour and fiscal
reforms to be told now by the WEF’s Global Competitiveness Report that we are
still being burdened by an inefficient government bureaucracy and an
inefficient labour market.
Rattan Chand Khushiram, an avid contributor on economic issues, better known under the pen-name RChand. Headed the Economic Analysis and Research (EARS) unit of the ex-MEPD and was till recently, Director of the Research and Sustainability Division (ReSD) at the Ministry of Finance and Economic Development (MOFED)
Friday, October 14, 2011
Thursday, October 13, 2011
En partant du deficit budgetaire - a reply
Dear Sir
In your article titled “En partant du déficit budgétaire ” dated 5th October, you claim that “ une expansion budgétaire induit un déficit commercial et une appréciation du taux de change. On feint de l’ignorer car il est plus facile de blâmer la politique monétaire que de critique le ministère des finances ».
However, these do not corroborate with the data.
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