THE revised Budget was a fair reflection of the challenges the Government faces as the slump in crude oil prices bites hard into the economy. The shortfall from oil revenues has basically forced the hand of the Government when it announced its revised Budget for 2016.
It took a prudent view of the stark realities. Lower crude oil prices will have a ripple effect not just for the Government but also the private sector and the greater economy.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
