The previous government already started to remedy the country’s structural problems. The government currently in office also has as its priority removing the obstacles to improved economic performance, focusing on improving labour market incentives. We have made considerable achievements.
The fiscal deficit has fallen to around 3% despite the crisis; banks have stopped lending in foreign currency; the country’s current account has been in surplus for years. And external debt has also been declining gradually, albeit slowly. Although the adjustment has required huge sacrifices, we have not reached the end of the road.