Tuesday , 30 April 2024
enfrit
For the sake of drawing support for its unilateral strategy, the HAT and its government are campaining to explain, and downsize, the international sanctions' consequences on Madagascar's economy. The dictating authorities are belittleling the consequences of the suspension of foreign financial support, and making its hope for a partner country's potential veto against it.

HAT: balls with international sanctions!

For being reduced to fuelling economic propaganda at home in order to keep the walls standing politically speaking, the HAT is doing what it can to deactivate the time bomb likely to be started by the international community’s economic sanctions. The speech is nearly the same as the one which followed Madagascar’s eviction from the United States’ AGOA deal: the impact will be minimal! Being that so elusive is, this time around, off the point. Dolin Rasolosoa, HAT member, is striving to indulge shadows of precision in, and proposing the erection of commission made of economic experts meant to assess the risks and the consequences of likely sanctions. According to this proxy to Andry Rajoelina, the choice of the way to be followed will, allegedly, be given to the people back, once the assessment’s report would be made public.  

 

In the name of the HAT, the commission will be the next tool dimmed to influence the “people”. Dolin Rasolosoa is over boosting the show time effect in favor of propaganda: “we have already been enduring so much, we have been fighting for it, we have to go to the end, whatever it takes”. In different words: “let us HAT do what we want, even if it kills you”. A different choice would, however, still be possible: giving in to the threats of sanctions. The option is currently being analysed the HAT to unblock the situation of crisis. Dolin Rasolosoa is praising the country’s underground wealth as the ultimate weapon dimmed to make the country free either from international recognition or foreign financial support, although the ultimate weapon actually still remains very deep underground with no chance to surface that so early.  

 

How can the HAT let believe that the situation is far from being serious? The trick is relatively simple: emphasizing that state returns are enough to run the administrative engine and fuel for the civil servants’ pay checks. Vonintsalama Andriambololona, the Finance Ministry’s general secretary denied the rumors according to which, the state would be short of money. “The budget dedicated to the administration’s expenses is in no way influenced by foreign financial support”. The foreign support is merely influencing some 70% of public investments, isn’t it? There is certainly an excess of optimism from a putsch originated regime insuring its intention to bring genuine development. 2010 will be a year of austerity for sure, as definitely displayed by public expenses’ cuts; as well as the alleged year of recovery, as, until here, virtually illustrated by employment manna.  

 

Mrs. Vonintsalama Andriambololona estimated that of the potential economic sanctions against Madagascar are not as pending as warned by reactionaries. “There will be no sanctions without international institution’s resolution”, she dared. “And if even if they had to come true, some countries would be imposing their veto”. Does she hint the UN Security Council and any previous colonizer’s divine right? In any case, the dictating authorities’ defiance against the international community has no limits in spite of the individual sanctions threat against its members. On the international stage, experts are significantly concerned by a potential embargo or by retention of assets, as these things would affect the economic system. The social impact would dangerously affect the political sway.