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Here are some of my thoughts and interventions from this morning’s session hosted by Stanbic.
We need to prepare for a prolonged, unpredictable economic crisis. An economic recovery plan is urgently needed to reduce the long term impacts of this crisis. Focus should be on:
We need to prepare for a prolonged, unpredictable economic crisis. An economic recovery plan is urgently needed to reduce the long term impacts of this crisis. Focus should be on:
*Building resilient communities with a focus in ‘vulnerable to poverty’ + poor group which constitutes about 30% of BW population. Decisive policy action is needed to get these communities through this crisis, with lasting impact.
In the short term measures such as Helicopter money instead of food packages should be considered. Helicopter money will enable wide spread use of cash in the economy other than just for food, this will include recapitalization of the informal sector & SMEs
