Getting fiscal priorities right

It is hard to be elated by looking at the government’s programmes for the upcoming fiscal year.

Finally, we seem to have come out of the Covid-19 pandemic. The World Health Organization (WHO) declared that the Covid is now an established and ongoing health issue, which means that it is no longer a public health emergency of international concern. The relief of returning to normal should lead to a flow of energy reverberating the entire economy to go to the normal cycle of demand and supply. This is particularly important to underpin in our case, as we are preparing the budget for fiscal year (FY) 2023-24.