Budget 2021: Businesses wish list as outlook gets gloomier
19 May, 2021 05:40 AM
4 minutes to read
Finance Minister Grant Robertson with a copy of his Wellbeing Budget 2021 outside Parliament. Photo / Mark Mitchell
Finance Minister Grant Robertson with a copy of his Wellbeing Budget 2021 outside Parliament. Photo / Mark Mitchell
NZ Herald
By: Cameron Smith
Business wants to see the Budget focus on driving economic growth, addressing debt levels and maintaining border security, according to a new survey. The poll, conducted by New Zealand accounting and business advisory network Baker Tilly Staples Rodway, is the last indication of business concerns ahead of Thursday s Budget.
Businesses were more gloomy about the economy than they were last year despite a sooner than expected Covid rebound, the survey found.
Total s Mozambique LNG Project to take center stage at the France Africa Economic summit
As French and African leaders gather on May 18 in Paris for the France-Africa Summit, Mozambican leaders and Total have a brilliant opportunity to push for the resumption of LNG projects in Mozambique and get things going. Even if exploitation of natural resources is not particularly on the Summit s agenda, there will be no better chance for the gas-rich country to showcase its solutions and arrangements to the issues posed to its gas industry. Notably, as one of the delayed projects involves a consortium led by French supermajor Total, who on April 26 issued a force majeure declaration to its LNG project in the Cabo Delgado province due to the security situation at the moment.
Mon, 05, 21
Economy is all about facilitations and opportunities it creates for common men. People do not mind seeing others getting rich as long as the economy fulfils their basic needs only.
Economy is all about facilitations and opportunities it creates for common men. People do not mind seeing others getting rich as long as the economy fulfils their basic needs only.
Everyone sees the economy from a different lens. For the government, any sign of growth depicts the success of its policies, opposition tries to dig out negatives in economic policies. For men on the streets, decent earning is a sign of a growing economy. More than growth, the right economic policies ensuring equitable distribution of resources are essential to ensure that every segment of society gets a fair share from growth. Experts say that Pakistan would have to maintain a sustained growth of six percent or above for a long period to bring smiles on the faces of the poor.