As I indicated earlier the public sector should achieve an overall surplus of just under 0.5 per cent of GDP with crude oil prices holding at around current levels in the range of around $ a barrel.
Nowadays, paper money, and cash in general, has to compete with other means of payment. Technological advances have made cashless payments more convenient and efficient. Nevertheless, cash still has an important role to play in today’s payments landscape – of that I am absolutely certain.