ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Discussing Economic Reforms-Achievements and Future Intent

Discussing Economic Reforms-Achievements and Future Intent

Discussing Economic Reforms Achievements and Future Intent In complete contrast to the main presumption of the finance ministry's 'discussion paper' on the economic reforms, that stabilisation has been achieved and that the path is now clear for long-run 'structural adjustment', the conclusion must be that the policies so far have at best landed the economy into a precarious steady state where inflation has been moderated at the cost of accepting negligible growth and, even then, continuation of the present situation depends critically on the fickle generosity of the rain gods and the aid donors.

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