After eight currency crises since the early 1970s, inflation peaked in 1989, reaching 3,000 percent per annum; per capita GDP was 10 percent lower than in 1980, social indicators deteriorated seriously, and the fiscal deficit reached 7.6 percent of GDP.
Per capita GDP was 10 percent lower than in 1980, social indicators deteriorated seriously, and the fiscal deficit reached 7.6 percent of GDP. After eight currency crises since the early 1970s, inflation peaked in 1989, reaching 3,000 percent per annum.
After eight currency crises since the early 1970s, inflation peaked in 1989, reaching 3,000 percent per annum. Per capita GDP was 10 percent lower than in 1980, social indicators deteriorated seriously, and the fiscal deficit reached 7.6 percent of GDP.
After eight currency crises since the early 1970s, inflation peaked in 1989, reaching 3,000 percent per annum. Per capita GDP was 10 percent lower than in 1980, social indicators deteriorated seriously, and the fiscal deficit reached 7.6 percent of GDP.