Greater expectations of foreign currency generation from the manufacturing and the mining sectors will help narrow the gap but not close it.

Expansion of our capacities in Denmark is the first step in building a worldwide manufacturing network. We have high expectations from the new factory, which will allow us to provide a faster and more flexible response to market requirements. A further aim is to access the glass fiber manufacturing know-how and expertise available at this location.

This is a very bond-friendly report. It was below expectations. It points to a slower manufacturing sector in the Chicago area.

The message should be to encourage foreign investment and they (investors) will obviously not be encouraged by these moves.

They (IMF) will be very concerned with the upsurge of inflation. The other problem will be that the government still maintains 18 products under price controls.

There is no doubt the government will have to borrow to finance the salaries and this is destructive economically.