Top economic events to watch for in 2022
Friday, January 14, 2022 | 2910 Views |

Tricky balancing act: Serame is due to unveil the budget on February 1 PIC: MORERI SEJAKGOMO
In many ways, 2022 is pivotal for government and the economy in general. This is the last year of National Development Plan 11 (NDP 11) and also the final year of the P14.5 billion Economic Recovery and Transformation Plan (ERTP). In addition, this year the budget deficits that have been rolling annually since 2016-2017, are supposed to end, according to government’s stated plans.
And the latter is the one of the key events being watched for in 2022.
We are told of massive spin-offs for hosting countries, which we assume was the catalyst behind putting in the bid.We are not too sure if it is a one-size fits all, where any hosting nation reaps the benefits or it’s on a case-by-case basis.There are arguments from both ends, with hosting a sure way to accelerate infrastructure development and a guaranteed cash flow during the 30-days of the tournament.There is a bump in employment creation...