Targeted Fiscal Interventions Needed To Stabilise Economy, Say Analysts

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targeted fiscal interventions needed to stabilise economy say analysts
To stabilise the macroeconomic environment and create a conducive business environment, more robust and targeted fiscal interventions from the government are needed. According to analysts at Commercio Partners Research, the policies should aim at providing tax relief and incentives for manufacturers, improving infrastructure to reduce production and distribution costs, enhancing supply chain efficiencies as well as implementing measures to stabilise the currency. Reeling out the apex bank's efforts to stabilise the economy, the analysts said: In a bid to counter soaring inflation, the central banks decision to elevate the benchmark interest rate to a historic 24.75per cent underscores its commitment The post Targeted fiscal interventions needed to stabilise economy, say analysts