oThe macroeconomic situation, however, deteriorated significantly in 2007/08 and the first four months of 2008/09 stabilisation POLICIES oMacroeconomic outlook and policies oThe tighter monetary policies, higher disbursements from IFIs, lose weight commodity prices, and restored faith are expected to contribute to a significant modify of the external position in 2008/09 oThe political sympathiess medium-term strategy seeks to achieve high prolong growth and significantly reduce poverty, while ensuring external and pecuniary sustainability. Fiscal policy oThe financial deficit (excluding grants) is targ eted to decline to 4.2 pct of GDP (Rs 562 bi! llion) in 2008/09, from 7.4 per centum in 2007/08 oThe government has already implemented a human activity of measures consistent with the envisaged fiscal adjustment in 2008/09. oThe government plans to sequestrate spare fiscal measures in 2008/09. oAn expanded and effective accessible safety net constitutes an integral part of the authorities political program oPutting in place a more comprehensive...If you deprivation to get a full essay, order it on our website: BestEssayCheap.com
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