BUSI MAVUSO: Government needs to heed IMF warning on structural reforms

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BUSI MAVUSO: Government needs to heed IMF warning on structural reforms
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IMF warns that structural rigidity depresses private investment and hampers inclusive growth and job creation

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...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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