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World Bank chief sees positives in ‘difficult budget’

Friday, February 14, 2025 | 560 Views |

Seeing positives: Wang PIC: MORERI SEJAKGOMO

World Bank Country Representative Liang Wang says the 2025-2026 budget speech was a challenging one, developed in difficult circumstances. He also speaks about “productivity-led growth” as a way forward for the economy. PAULINE DIKUELO reports

Mmegi: What are your initial impressions from the 2025-2026 budget speech?

WANG: This is the maiden speech of the new government, and there was a lot of anticipation from the public. It is a difficult budget because people always want more than you can offer. In this instance, I imagine the Vice President aimed to hit the Public-Private Partnership (PPP) target with the speech. Amidst an economic downturn, the Minister, as the lead economic policymaker, has a challenging task ahead.

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