The IMF tightrope: discipline versus relief

Sticking with the IMF programme has restored a measure of stability, and abandoning it now would be reckless. But discipline cannot be sold as if it were painless.

The politics of patience

Households absorbing higher prices and taxes need to see the recovery in their own lives, not just in the macro data. Targeted relief is not a betrayal of reform; it is what makes reform survivable.

The government’s credibility rests on closing that gap between the spreadsheet and the kitchen table.