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Financial stability is a key element of good governance
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[QUOTE="Axis, post: 267250, member: 66672"] You are absolutely right.when the economy is financially stable.it generate good governance as well.because the will be money flowing in the country enabling the government to build infrastructures and also provide social amenities to the masses as well. When the countries financially stable government will be going around seeking for loans or borrowing money from banks abroad to settle their bills which can hinder good governance because the government cannot not rely on their own financially .when the economy is financially unstable the would be increase in corruption,theft and robbery, even the rate of unemployment with increase as well , economic crisis, Even political instability as this can hinder good governance in a particular country. So therefore to ensure financial stability government should be transparency and most importantly honest in all their doings to ensure they the mee the goal of achieving financial stability because if that's is possible other countries will like to partner and have business dealings with them as well.and we all tho that when this is possible money supply will flow in the economy [/QUOTE]
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Financial stability is a key element of good governance
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