
๐
๐๐๐ ๐๐๐๐๐๐๐ #๐ โ ๐๐๐/๐โ๐ฌ ๐๐๐ฌ๐๐ฎ๐ (๐๐๐๐โ๐๐๐๐)

By 2011, PPP/C built ๐$๐ญ๐ฑ๐ฑ๐ ๐ถ๐ป ๐น๐ถ๐พ๐๐ถ๐ฑ๐ถ๐๐ ๐ฐ๐ผ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ & ๐ฟ๐ฒ๐๐ฒ๐ฟ๐๐ฒ๐ ๐๐ ๐$๐ญ๐ฑ๐ญ๐ ๐๐ฝ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด

๐ญ๐ญ๐ฎ% ๐ฟ๐ฎ๐๐ถ๐ผ (๐ญ.๐ญ:๐ญ) โ stronger financial buffers than expenditure, ๐ฏ๐ฒ๐ณ๐ผ๐ฟ๐ฒ ๐ผ๐ถ๐น ๐ฒ๐๐ฒ๐ฟ ๐ณ๐น๐ผ๐๐ฒ๐ฑ!

๐
๐๐๐ ๐๐๐๐๐๐๐ #๐ โ ๐๐จ๐ฅ๐ฅ๐๐ฉ๐ฌ๐ ๐๐ง๐๐๐ซ ๐๐๐๐+๐๐
๐ (๐๐๐๐โ๐๐๐๐)

Inherited a healthy ๐ด๐ฏ% ๐น๐ถ๐พ๐๐ถ๐ฑ๐ถ๐๐ & ๐ฟ๐ฒ๐๐ฒ๐ฟ๐๐ฒ๐ ๐ฐ๐ผ๐๐ฒ๐ฟ๐ฎ๐ด๐ฒ ๐ฟ๐ฎ๐๐ถ๐ผ ๐ถ๐ป ๐ฎ๐ฌ๐ญ๐ฑ

By 2019: just ๐ฎ๐ฏ% (๐$๐ญ๐ฎ๐ฌ๐ ๐น๐ถ๐พ๐๐ถ๐ฑ ๐ฎ๐๐๐ฒ๐๐ & ๐ฟ๐ฒ๐๐ฒ๐ฟ๐๐ฒ๐ ๐๐ ๐$๐ฏ๐ญ๐ฑ๐ ๐๐ฝ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด)

Fiscal buffers were ๐๐พ๐๐ฎ๐ป๐ฑ๐ฒ๐ฟ๐ฒ๐ฑ.

๐๐๐๐ง ๐ฆ๐๐ข๐๐๐๐ฅ #๐ฐ โ ๐ฅ๐ฒ๐๐๐ฟ๐ป ๐๐ผ ๐ฆ๐๐ฟ๐ฒ๐ป๐ด๐๐ต ๐จ๐ป๐ฑ๐ฒ๐ฟ ๐ฃ๐ฃ๐ฃ/๐ (๐ฎ๐ฌ๐ฎ๐ฌโ๐ฎ๐ฌ๐ฎ๐ฐ)

๐ฎ๐ฌ๐ฎ๐ฌ: 25% liquidity ratio (inherited from APNU+AFC)

๐ฎ๐ฌ๐ฎ๐ฐ: 92% liquidity ratio (โ1:1) โ nearly every dollar spent backed by a dollar saved.

A full ๐ฟ๐ฒ๐๐๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฟ๐ฒ๐๐ถ๐น๐ถ๐ฒ๐ป๐ฐ๐ฒ under PPP/C stewardship.

๐๐๐๐ง ๐ฆ๐๐ข๐๐๐๐ฅ #๐ฑ โ ๐ง๐ฟ๐ฎ๐ป๐๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐จ๐ป๐ฑ๐ฒ๐ฟ ๐ฃ๐ฟ๐ฒ๐๐ถ๐ฑ๐ฒ๐ป๐ ๐๐น๐ถ

Real GDP nearly ๐พ๐๐ฎ๐ฑ๐ฟ๐๐ฝ๐น๐ฒ๐ฑ (G$1.5T โ G$5.5T)

Oil output soared (๐$๐ฑ๐ฐ๐ต๐ โ ๐$๐ฐ.๐ฎ๐ง)

Non-Oil GDP grew 1.5ร (G$949B โ G$1.4T)

National budget expanded 3.5ร (G$330B โ G$1.146T)

Expanded support for ๐ฐ๐ต๐ถ๐น๐ฑ๐ฟ๐ฒ๐ป, ๐๐ฒ๐ป๐ถ๐ผ๐ฟ๐, ๐ฎ๐ป๐ฑ ๐๐๐น๐ป๐ฒ๐ฟ๐ฎ๐ฏ๐น๐ฒ ๐ด๐ฟ๐ผ๐๐ฝ๐