For a government that claims to be urgently focused on fixing the economy, there is surprisingly little energy or innovation on display. The ambition to spur economic growth cannot be realized through rhetoric alone — what’s needed is bold policy, structural reform, and the political courage to break away from the old, ineffective playbook.
Yet, time and again, we see the same recycled promises: investment incentives that never fully materialize, half-hearted efforts to broaden the tax base, and shallow relief packages that barely address deep-rooted problems. A truly dynamic approach to economic revival would begin with clarity — in policymaking, governance, and accountability.
At present, much of what passes for economic policy appears reactive. Decisions seem driven more by political calculations than by strategic planning. Inconsistent messaging on privatization, erratic changes in interest rates, and ambiguous fiscal policies have only deepened uncertainty in the market.
Investors — both domestic and foreign — are watching carefully. And what they see does not inspire confidence. A government that constantly appears to be firefighting cannot also lead a long-term economic turnaround. Stability, consistency, and reform are prerequisites for serious economic growth — and all three are currently lacking.
The broader public, meanwhile, is burdened by inflation, shrinking purchasing power, and job insecurity. While the government touts external support and short-term fixes, ordinary citizens see little improvement in their daily lives.Indeed, far too many do not believe any real change is possible.
If the government is earnest about rebuilding the economy, it must embrace a results-driven framework. It must earn and build trust with businesses; transparency in public finance; invest in energy, infrastructure and education not just for optics but for sustainability.
Furthermore, economic growth cannot be achieved through desperation, it emerges with vision, discipline, and execution. But at the moment, these ingredients are a bit scarce.
