THE government faces an economic dilemma. On one hand, it faces a global slowdown and possibly an impending recession, especially with the current Covid-19 outbreak. On the other hand, our national budget has been running deficits for several years.
It therefore cannot be depended upon to adequately stimulate the economy to counter the weakening business environment, especially the small business enterprises, and growing unemployment and underemployment.
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!