By JAINDI KISERO More by this AuthorI had expected issues around the Covid-19 pandemic to dominate this year’s budget speech. SINKING COMPANIESYet I don’t see a sense of urgency to help companies that are literally sinking and dying in Cabinet Minister Ukur Yatani’s budget speech. Yes, the coronavirus stimulus package is one of the high-lights of the budget speech. BUDGET DEFICITOnce we exaggerate the GDP growth rate, the whole thing leads to exaggerated revenue targets. With exaggerated revenue targets, you end up with an unsustainable budget deficit.

Source: Daily Nation June 16, 2020 21:22 UTC