Escaping the growth trap - NPC’s bold targets
Friday, August 23, 2024 | 1110 Views |
Optimistic: Molomo believes the high income economy dream can be achieved PIC: KENNEDY RAMOKONE
Mmegi; Government’s re-rationalisation exercise of 2022 saw the separation of the Ministry of Finance and Economic Development birthing the National Planning Commission (NPC). What was the reasoning for this separation and what was the founding philosophy for the NPC.
Molomo: We were established as a transportation vehicle, driving the nation to Vision 2036. Government came upon the realisation that planning and financial management are two distinct mandates that cannot be served faithfully by one ministry. To plan you need to be ambitious, you need to dream and this requires looking beyond what is in the wallet.
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...