See the money in the bank account but they could not spend it until the reform was done. This shifted the political balance because all of a sudden people said they were supporting the subsidy reform because now they could use the cash transfers with incredible opportunity. For various other reasons it did not work out so well now the subsidies are back. I think having done it once there is a chance they might able to do it again. Dudash on the point of if it will be politically easier, it will be politically easier where the economic case is compelling. It can be in subsidies, but it is especially compelling in the whole Energy Sector where there will be they will be desperate to attract Foreign Investment. The kind of oil regime that they have and they are moving in the direction desired by International Oil companies. In general they will be looking for Foreign Investment because there are many good reasons to get Foreign Investment. Particularly Foreign Investment which is a genera
Cleo Fields, Bob Mann
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