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.
Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...