This response, which is rational for the individual, leads to subdued consumption, postponed investments and jobs not created at the macroeconomic level. Without growth, debt reduction becomes an uphill struggle. Today, the international and domestic uncertainties reinforce each other; we are living through a highly complex crisis of confidence.
Payment systems on the national level should be unified into one system, and operate with strict rules for action against mistakes or events of fraud through members. To achieve some form of common payment system among MENASA Area Countries, it will be necessary to: 1. Identify countries that are ready to be linked, through national payment systems that satisfy certain pre-set standards. 2.