BUSI MAVUSO: Government needs to heed IMF warning on structural reforms
IMF warns that structural rigidity depresses private investment and hampers inclusive growth and job creation
12 December 2021 - 17:09
The IMF’s stark warning last week that the government needs to accelerate the pace of its structural reforms will, I hope, be taken seriously because similar calls from national and sectoral business organisations, labour and civil society groups have largely gone unheeded.
In most parts of the government, there appears to be a lack of understanding of just how dire our economic situation is, and so there is no sense of urgency...
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