ISAAH MHLANGA: Developments at the Treasury are troubling
The Treasury answers directly to political leaders, thus exposing it to risks that have crept in due to dysfunction in other parts of the state
Institutional strength is one of the characteristics advanced economies have that emerging markets do not.
When a country has strong institutions, it shows in better economic growth, increased employment prospects, a reduction in poverty, and general development. Weak institutions are associated with a high cost of doing business, lack of investment, low economic growth, and high unemployment rates. ..
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