Fiscal wishful thinking on growth targets must fall

For decades now, every fiscal year in Malawi starts with a familiar ritual where the Minister of Finance sets highly ambitious growth targets during the unveiling of the national budget in Parliament. By mid-year, the targets are predictably revised downwards, drawing suggestions that they were driven more by aspiration than actionable data. Not to my … The post Fiscal wishful thinking on growth targets must fall appeared first on Nation Online .