The appropriate way to calculate a fair default charge was to make a reasonable pre-estimate of
the net additional administrative costs, an estimate of the total number of expected instances of default, and to apportion the costs accordingly.
Finally the impact of the new
net spending, fresh overheads,
administrative overreach,
additional costs of controls, leakages, and the second - order effects of these parameters was assessed on key macroeconomic variables such as inflation, GDP - per - capita growth, debt service - to - revenue ratio, exchange rate, import cover, interest rates and credit dynamics.