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Agost Benard Quotes
«In a rapidly evolving environment such as that which we are facing in the global energy markets, the inability to craft and implement appropriate policy measures leaves fiscal and external balances exposed. This could ultimately threaten to undo the macroeconomic stability achieved in recent years.»
Author: Agost Benard
«If you look at the state of the value-added-tax, it has been subject to a lot of delays and setbacks, so we won't know if it will be implemented until it happens,»
Author: Agost Benard
«Local and provincial governance needs to be improved. There will have to be hard budget constraints.»
Author: Agost Benard
«The fact that the suspension is lifted is obviously very positive news.»
Author: Agost Benard
«have tended to be slow, reactive, and incremental over the past year.»
Author: Agost Benard
«We have yet to see how the law is going to be implemented, how much revenues would it generate and how these additional collections would be spent.»
Author: Agost Benard
«Sharp declines in the government?s external debt indicators and structural improvements that, over time, should help Pakistan?s export capacity motivated the change in outlook for the foreign currency rating.»
Author: Agost Benard
«What we would look for is a gradual phasing out of the fuel subsidy and a more effective and coordinated policy response from the government and monetary authorities as and when shocks arise. Shocks such as high oil prices, a classic case of external shock, caught the government by surprise.»
Author: Agost Benard
«The government will respond in a more prompt and appropriate way. They will be in a better position to handle whatever shock may come their way.»
Author: Agost Benard
«The stable outlook reflects revised expectations concerning the prospects of policy continuity and adherence to fiscal consolidation, which foreshadows improved chances for overall deficit reduction and stabilization of the country's debt dynamics.»
Author: Agost Benard