The crisis is caused by fundamental weaknesses in the economy. These include government’s perennial lack of funds, the inability of the majority of population to contribute to and gain from the economy due to their lack of incomes or assets, and the power of a few to dominate the economy in ways that promote their interests on the larger public’s/
1. End corruption and wasteful spending.
2. Ease the tax burden on the poor and rationalize.
3. Spend more or social services and investment.
4. Reduce debt service.
5. Bring down the price of oil and decfricity.
6. Revive industry create more jobs, and increase workers and farmers income.
7. Extend and reform the comprehensive Agrarian reform Program.
8. Provide the poor with jobs and services, not dole.
Government should, in cooperation with other developing countries, play its role in transforming the international environment to make it more conducive for attaining sustainable and equitable development.
Tags: Agrarian, Corruption, Crisis, Debt, Economy, Government, Investment, Job, Jobs, Overcome, Steps, Waste
Leave a Reply