Budgeting for resilience?

What you need to know:

Against this background the focus in this year’s Budget on agriculture and manufacturing, (both with the potential to generate exports but also create employment for a burgeoning population), as well as continued infrastructure spend (also an export generator as it generates service receipts for transport), is timely

Against this background the focus in this year’s Budget on agriculture and manufacturing, (both with the potential to generate exports but also create employment for a burgeoning population), as well as continued infrastructure spend (also an export generator as it generates service receipts for transport), is timely. To put it simply, if we get our house in order on this front, we create less cyclical and therefore more dependable revenue streams - not least as “come rain or shine” our regional markets will need food and basic manufactured goods. One conundrum though is the question of the exchange rate; much as a “strong” currency sounds good, it is a double edged sword; on the one hand keeping down the costs of inputs, but on the other hand potentially adversely affecting overall competitiveness of our products and services.

Budgeting for resilience?

What you need to know:

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