encryption_Prophet
A currency experienced a sharp 19% devaluation over just days, triggering sweeping economic reforms. The government moved aggressively—scrapping import licensing entirely, slashing tariffs dramatically (the ceiling dropped from 355% to 85%), and reopening borders to multinational corporations. On the fiscal side, tax rates fell considerably. The banking sector saw fundamental changes too: instead of being forced to accumulate government bonds, financial institutions regained the freedom to extend credit. These structural shifts reshaped both policy and market dynamics.