Re:Tell HN: I used the same computer since 2007 (with minor ...
by rchaud on Tuesday June 07, 2022 @09:34AM
(#31654064)
These are usually an attempt to:
1) Reduce the current account deficit (roughly defined as exports revenue minus import costs)
2) Incentivize multinationals to open local factories
3) Incentivize consumers to purchase from local brands instead of foreign competitors
4) Conserve foreign currency reserves for essential operations such as purchasing fuel, materials, or managing the currency value on foreign exchange markets
1) Reduce the current account deficit (roughly defined as exports revenue minus import costs)
2) Incentivize multinationals to open local factories
3) Incentivize consumers to purchase from local brands instead of foreign competitors
4) Conserve foreign currency reserves for essential operations such as purchasing fuel, materials, or managing the currency value on foreign exchange markets