The Federal Republic of Yugoslavia authorities face the complicated task of stabilising and reviving a devastated economy after years of regional conflicts, international isolation and economic mismanagement.
More Quotes from Stanley Fischer:
I generally prefer to stand by the agreements we have signed with them (the Palestinian Authority).Stanley Fischer
We have a team arriving in Moscow at the end of next week that will have to look at the situation. Given what we know now about the changes in the exchange rate, the difficulties in the banking system and possible problems with the budget, it's clear the Russians will have to do quite a lot before that money can be released,
Stanley Fischer
But it has also led to some startlingly wide inequalities environmental damage, disparities of education, poor working conditions, significant differences in wages, factors that are part of the reason for the expected protests outside, ... We must work to right these inequalities.
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Unfortunately, parliamentary backing has not been forthcoming for needed actions related to personal income tax, ... Nor have permanent measures to strengthen the pension fund.
Stanley Fischer
This is a society that has been so burned by inflation, that no politician who produces inflation by any magnitude is going to survive, so they can't afford it. And if they can't afford it that means they can't print large amounts of money so they're going to have to get the budget in some sort of order.
Stanley Fischer
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Based on Keywords: stabilisingThere's only a step from the sublime to the ridiculous, but there's no road leading from the ridiculous to the sublime.
Lion Feuchtwanger
We would fight not for the political future of a distant city, rather for principles whose destruction would ruin the possibility of peace and security for the peoples of the earth.
Neville Chamberlain
The true measure of a career is to be able to be content, even proud, that you succeeded through your own endeavors without leaving a trail of casualties in your wake.
Alan Greenspan