Economy / Venezuela
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A False Fiscal Dawn?
July 2007 | Economic AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: Although we expect the data for Q207 to show an improvement in the fiscal accounts, this should not mask the genuine imbalances in the government's expenditure programme. We see the primary fiscal deficit coming in at 4.7% of GDP in 2007.