These include: Amendments to the Bank Deposit Secrecy laws which aims to align our existing law with international standards on transparency to combat both domestic and global tax evasion, money laundering, and other financial crimes.
At the same time there is ample evidence that a significant proportion of the current unemployment is structural. A fiscal policy which, in compliance with the existing rules, may see more investment and lower taxes, together with an accommodative monetary policy are not enough to generate a revival of strong and sustainable growth without the necessary structural reforms in product and labour markets.