This helps create a competitive environment and most importantly better address the needs of the customer. I congratulate the Directors, Management and team at LICI for this initiative.
In practice, if we grow at an average rate of  BIS central bankers’ speeches  1  3.75 percent per year, the deficit will decline even more slowly than the path decided upon by the Government, based on the existing tax rates in the existing legislation – that is, even taking into account the increase in the VAT and direct tax rates recently enacted.