The key question is which side shall the budget take in this battle – not in declarative terms, but in terms of numbers! Defences put up by the NBS to maintain stability in prices managed to hold against a wave of consumption growth in late last and early this year pending parliamentary elections.
Let me remind you of the fact that when we were setting  BIS Review 66/2007  1  inflation targets we could not have predicted new elections, which always imply increase in expenditures.