Dicey balancing act for new finance minister

Friday, October 31, 2014

The delicate balancing act between declining public revenues and rising needs, will be a tougher tightrope for the incoming finance minister, who also has to contend with glaring public expectations on job creation, poverty eradication and income inequality.

With Kenneth Matambo mostly likely to bounce back after coming in as a specially elected Member of Parliament, analysts concur that new policies that promote inclusive growth should be the minister’s priority.

This will add to the already pending tasks of tackling the stubbornly ever rising wage bill, buffering financial assets as well as improving the quality of spending on capital projects.

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Dicey balancing act for new finance minister

The delicate balancing act between declining public revenues and rising needs, will be a tougher tightrope for the incoming finance minister, who also has to contend with glaring public expectations on job creation, poverty eradication and income inequality.