Pimpy [Response to Guru Jeff's budget/ exchange rate posts 3-19-2024 below]
They are going to amend the budget with or without a rate change....Does it make sense for you to release the budget before they increase the exchange rate because then you have to turn around and redo the budget and make all the changes to the budget using the new exchange rate.
So no, it doesn't make sense to release the budget before you change the exchange rate. You would change the exchange rate then go through and amend all of your budget because the money you've allocated obviously has changed...
The suspension of the funds has to do with corruption. The reforms can be activated without changing the rate. They're going to reallocate revenue from oil to help fund all these reforms...
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