Fiscal Prudence is what the Doctor ordered. #Budget2019 is worrisome and taming of fiscal dominance is what the economy needs. The core macro fundamentals of this economy are neither robust nor sound to absorb the proposed expansionary fiscal measures such as the 50% salary increase. Inflation is likely to creep when disposable income increases especially at the proposed rate of 50%. Watch the video for the rest
A blog about Africa and Gambia in particular. It focuses on social commentary and public policy issues
Tuesday, 11 December 2018
Is The Gambian Economy Stupid? #Budget2019 An Utter Disregard Of The Gambian Macro Fundamentals
Fiscal Prudence is what the Doctor ordered. #Budget2019 is worrisome and taming of fiscal dominance is what the economy needs. The core macro fundamentals of this economy are neither robust nor sound to absorb the proposed expansionary fiscal measures such as the 50% salary increase. Inflation is likely to creep when disposable income increases especially at the proposed rate of 50%. Watch the video for the rest
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