Tuesday, May 7, 2024

Stop talking, act on economy

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IT IS TIME for Government to stop sending mixed messages concerning the economy and start setting measures in place.
This bit of advice was issued yesterday by Carol Nicholls, Managing Partner and Partner, Audit Advisory Services of the audit, tax and advisory services group KPMG.
“I find we are getting mixed messages. We are getting some segments of Government saying the time for action is now and it should be swift, and then we are also getting almost the opposite being told – perhaps to avoid panic.
“But clear messages need to be sent so there is no flight of capital et cetera and there is confidence in the economy, the banking sector et cetera,” said Nicholls. .

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