Accelerating Fiscal Consolidation and Subsidy Reform
The national government is aggressively pushing forward with politically difficult structural adjustments, specifically targeting the elimination of energy and transport subsidies while simultaneously attempting to privatize state-owned enterprises. This relentless focus on achieving and maintaining a primary fiscal surplus is the central pillar of the current macroeconomic strategy, aiming to drastically reduce the country risk premium and restore access to international credit markets, though it continues to generate significant domestic friction.