The COVID-19 shock has significantly impacted economic prospects growth this year will be negative, poverty has likely increased, and fiscal pressures have increased further with lower revenues, higher expenditure needs, and an already high debt service burden.
Policy will need to focus on both near- and medium-term targets to address these challenges and the underlying macroeconomic vulnerabilities, including the main elements of the revised 2020 Budget with a focus on spending for the COVID-19 health, social and economic response. There is need to rationally determine Government policies and priorities in the formulation of the revised 2020 Budget, as well as the medium-term fiscal stance needed to restore debt sustainability, revive growth and lower poverty.
You are invited to a scheduled Zoom Public Discussion.
Topic: COVID-19 – Its effect on Public Health, Workers and the Business Sector
Date: Sunday July 26, 2020
Time: 18:00 Hrs (GMT +2)
Meeting ID: 813 3495 0058
(NO PASSWORD REQUIRED)