Economist says kudos to King
. . . for a good combination in Cabinet
A top economist in the country has offered an insightful perspective on the composition of the newly formed cabinet after they were sworn in yesterday at the Cabinet offices in Mbabane.
The economist who asked to comment on the condition of anonymity has emphasized that the inclusion of civil servants, businesspeople, and individuals from the private sector in the cabinet reflects a favourable combination of expertise and experiences.
“With such diverse backgrounds, the Cabinet is well-positioned to bring varying perspectives and competencies to the table, allowing for a comprehensive approach to addressing the challenges and opportunities faced by the nation, “said the economist. He further highlighted that this amalgamation of talents has the potential to foster effective decision-making and innovative solutions, ultimately contributing to the economic growth and development of the country. The economist also expressed optimism regarding the backgrounds of the newly appointed ministers, affirming that their diverse experiences and expertise augur well for their ability to effectively deliver on their responsibilities.
According to the Mbabane-based economist, the collective backgrounds and skills of the ministers, ranging from public service to business and various sectors of the economy, provide a strong platform for collaboration and informed decisionmaking. He said that his combination of skills and knowledge, makes him believe that they will contribute to the formulation of sound policies and the implementation of effective strategies aimed at fostering national progress and development. He also said that it is pivotal for them to follow what the people presented at Sibaya before the King. The economist viewed that the positive assessment reflects a hopeful outlook on the potential of the Cabinet to work diligently towards achieving the goals set forth for the betterment of the country.
Wage bill
The economist weighed in on the pressing issue of the wage bill, acknowledging its complexity yet expressing reservations about the efficacy of freezing hiring as a solution. He argued that such a measure may inadvertently exacerbate unemployment, further straining the economy. Instead, he proposed that the government should explore avenues to stimulate entrepreneurship among the people, reducing reliance on the public sector. The economist further highlighted that agriculture is a viable sector where the cabinet could direct its attention, emphasizing the potential for agricultural entrepreneurship programs to provide individuals with sustainable livelihoods while also contributing to the nation’s economic growth. His recommendations underscored the importance of proactive and sustainable approaches to addressing the wage bill challenge.