TODAY, more than ever, the nation needs honesty and the courage of conviction from its leaders. Instead, we have the self-serving spin of Finance Minister Colm Imbert on the recent International Monetary Fund (IMF) assessment.
Imbert had the Finance Ministry issue a statement saying the Government received a âthumbs upâ from the IMF on, inter alia, steps to adjust fiscal imbalances through reforming energy taxation, reducing fuel subsidies and boosting non-energy revenues from property, excise and gaming taxes; and allowing exchange rate depreciation by about seven per cent. âGrasping at straws,â said Dr Roger Hosein, senior economics lecturer, on radio i95.5FM last Sunday.
© Roberto Pocaterra
© Roberto Pocaterra Pocaterra
Express Business editor Anthony Wilson is âtotally nonplussedâ at the Ministry’s statement.
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