Bright young minds tell government: ‘Act now and we can recover’
The top young talent in the field of economics is cautiously optimistic about the potential for the South African economy to recover.
This has emerged from essays submitted for the 48th annual Nedbank and Old Mutual Budget Speech Competition, which is open to undergraduates and postgraduates in the field of economics.
The leaders of tomorrow have called on Finance Minister Tito Mboweni to act decisively in his budget speech, imploring the government to take the necessary action to repair the country’s purse.
Their most ardent recommendation: root out corruption by any means necessary.
For the finalists, this is the number one barrier to attracting investment and fostering economic growth. In fact, all entrants cited this as a major obstacle to creating a supportive business environment and securing the stability required to allow for the effective implementation of macroeconomic policies.
Read more article on Moneyweb