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"content": "Madam Temporary Deputy Speaker, the people who have tried to understand the on-going economic crisis at the international level will tell you that Governments, world over, are unwilling to discuss what is going on. They are not coming out openly. It is a well-known fact that historically, the world experienced this kind of challenge in 1920. That led to an economic depression in 1930 until the end of the Second World War when economic stability was imposed on the world. The current economic crisis represents a breakdown of the post-Second World War stability. The economic instability will not be resolved within a year or two. That is why leaders need to mobilise--- When the Budget was read last year, I remember we told the Minister for Finance at that time that the prognosis on the international scene about the Budget overview was too optimistic. This was basically because its focus on the international scenario was very local. The same thing is happening now. We have now seen the Minister for Finance come before this House to seek for the approval of Supplementary Estimates required to curtail the over projected performance of the economy. The biggest threat to our economy will, therefore, be the international and local instability."
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