We're seeing what looks to be a full blown economic collapse. People don't have money to buy food right now.
I don't see what reforms they could implement that can quickly fix this as they need to radically alter trust in the government for currency reforms to work.
But who knows? Maybe they'll muddy their way through or rely on force to stay in power. Certainly large protests have happened before, but this is the first time in decades where all 5 conditions of a successful revolution are present at the same time.