First came Covid, then came the July unrest, battering an already weakened economy. But the good news is there has been some growth. Today the finance minister adjusted our economic course for the next three years slightly, keeping us on a path to reduce our debts but hopefully continuing to recover and attract more investment and jobs. eNCA speaks to director and chief economist of Econometrix, Azar Jammine.
"For me, the most positive feature of this budget was the statement that we cannot rely on these commodity price windfalls to continue. What we desperately need is to grow the economy faster," Jammine said. "That’s just not good enough and barely enough to keep pace with the growth in the population let alone to make inroads into the rising trend of unemployment."
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