Friday, October 14, 2011

Some Budget Points

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.

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.