More than a year into its tenure, the government has some positive progress to show for its time in power.
The macroeconomic picture has been stabilised, reserves have recovered, the currency is stable, and the fiscal situation is being managed tightly. Signs of a revival of growth are visible. The private sector’s appetite for bank credit is growing, and idle capacity has been restarted.
Although credit should be given to the government for these achievements, investor confidence would increase significantly if there are clear signs of a more firm handle on the economy”’
