The constitution has to be temporarily amended.
Presidentcy / Legislature - 70% cut in expense. Basic salaries no allowances.
I will offer civil servants with huge wage bills their full pension in exchange for retirement.
If they choose to stay, there is no money to pay them! Priority will only be given to Security, Healthcare, Education and Agric.
No magic, pure facts.
No subsidy!
Local consumption is the focus, currency will be devalued to encourage exports and reduce needless demand for foreign goods.
Time to dispose off liabilities and 'assets' that aren't generating revenue for the govt. All the houses, National theatre, Stadium, companies, refineries and other monumental money draining projects.
Heavy taxes on luxury items, it's survival mode. FiRS needs to rake in every penny available. Widen the tax net in 2 years
This is needed to push up our tax to GDP ratio from 6% to at least 15% in two years.
Social safety programs to cushion the effect..
The governors should go straight to farming, service industry and mining.
We have a battle ahead.
#GovernancePuzzles