Conclusion

Given these conditions, we are not swayed into believing that the economy will turn around in the near future.

The impotence of national budgets which lack coherent guidelines for significant foreign direct investment inflows will continue.

Discrepancy between budget allocations and expenditures will continue and we expect the budget to make an insignificant difference to the faltering economy, hence we project GDP growth in the margins of 3% in 2017, on the back of an expected increase in agricultural production.