Govt seeks to ease environment for private sector
Friday, November 27, 2015
Earlier this year, BoB released P 2. 3 bn into the market
Over the last two years the Ministry of Trade and Industry has been actively involved in the development of the reform roadmap and action plan, which was done in collaboration with the World Bank to improve the business environment in the country as well as its competitiveness.
To this end the reform process is intended to reduce government bureaucracy, eliminate unfriendly business laws and regulations, improve service delivery, reduce tedious paper work as well as leverage on ICT applications.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...