14 Total Quotes

Agost Benard Quotes

In a rapidly evolving environment such as that which we are facing in the global energy markets, the inability to craft and implement appropriate policy measures leaves fiscal and external balances exposed. This could ultimately threaten to undo the macroeconomic stability achieved in recent years.
Agost Benard
#Energy

If you look at the state of the value-added-tax, it has been subject to a lot of delays and setbacks, so we won't know if it will be implemented until it happens,
Agost Benard
#Value

The fact that the suspension is lifted is obviously very positive news.
Agost Benard
#News

have tended to be slow, reactive, and incremental over the past year.
Agost Benard
#Past

We have yet to see how the law is going to be implemented, how much revenues would it generate and how these additional collections would be spent.
Agost Benard
#Law

Sharp declines in the government?s external debt indicators and structural improvements that, over time, should help Pakistan?s export capacity motivated the change in outlook for the foreign currency rating.
Agost Benard
#Debt

The government will respond in a more prompt and appropriate way. They will be in a better position to handle whatever shock may come their way.
Agost Benard
#Government

In light of the bank's public policy role and the track record of strong support from the Indian government, Standard & Poor's equalizes its ratings on India EXIM with those on the sovereign.
Agost Benard
#Government

The main reason for a slower pace of issuance appears to be a general trend of increased fiscal consolidation by governments in terms of GDP (Gross Domestic Product), especially among some of the largest borrowers.
Agost Benard
#Reason

The main reason for a slower pace of issuance appears to be a general trend of increased fiscal consolidation by governments in terms of gross domestic product, especially among some of the largest borrowers.
Agost Benard
#Reason

Vietnam was able to get a fairly low cost last year because of the scarcity of the paper. On the other hand, a frequent issuer like the Philippines won't be able to enjoy the same borrowing costs even though they have the same ratings.
Agost Benard
#Vietnam

A resumption of full-scale hostilities could have negative implications for the country's already stressed fiscal and debt position, and likely impair its previously adequate level of external balances.
Agost Benard
#Debt

The outlook could revert to stable if substantial and tangible progress is achieved in maintaining the official cease- fire.
Agost Benard
#Fire

The ratings on Sri Lanka are vulnerable due to the country's high government debt and ongoing large fiscal deficits.
Agost Benard
#Debt