OPINION

Small steps will boost markets

Once an economy has more or less been stabilized and pulled out of a state of decline, it needs to be allowed to grow, and one of the best ways to ensure this is to boost the private sector, to attract investments that will generate revenues and provide new employment opportunities. Unfortunately, though, the emergency tax measures imposed by the government in order to cover the deficit of a wasteful state have sucked a lot of money out of the market, funds that could be invested in production and used to reduce rising unemployment figures. Businesses are being bled dry; the future is being undermined as is any hope for the economy’s recovery in the near future. The government needs to take a long, hard look at what it is doing to the private sector. It would not take an enormous amount of incentives to pull the market out of the quagmire. In fact, all the market needs is the removal of all the disincentives that hinder the efforts of those who want to invest in and create new businesses.

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