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Transcripts For BBCNEWS Asia 20240701



international monetary fund for the inner statement we heard them say this is going to help, a bold move that would help stabilise the economy and set the basis for more sustainable and private sector led growth. the first group we have seen by the newly appointed economy minister and when mrjavier milei be sworn in as president on sunday. it has been quick. a huge roof. whenjavier milei huge roof. when javier milei came huge roof. whenjavier milei came into office he promised shock measures. he walked around with a chainsaw promising that is going to indicate the spending cuts and tax cuts he was promising. seen as a libertarian and very ultralight leader. this is the first of the measures. other measures announced as they will cut transport and fuel subsidies and cutting any spending by the government on advertising. huge reforms and all of this as part of living up all of this as part of living up to those campaign pledges made byjavier milei. one of the most controv ....

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Transcripts For BBCNEWS Asia 20240702



while india s growth story is strong, but inflation has been a sticking point, and on friday last week, the central bank also did not change the key interest rate, kept it on the higher side, showing its concern on the rising food prices. so that is something the government keenly wants to contain, and after the export curbs were announced last friday, the wholesale prices of onions did see some crashing down but this certainly has not left the exporters very happy. onions are so important to indian cooking aren t they? we saw the response from the farmers, who blocked that highway, what has the response from ordinary people been? well, onion prices have actually gone up substantially since last year, they are almost double. it is a kitchen staple in india and it is also a political subject across states in india, that is why the government is keenly focused on that. there are certainly has been a respite in prices, but most of it will reflect only in coming days when i ....

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