THE year 2022 has been a very difficult year for the private sector because government did nothave enough resources to support economic growth as it was trying to sort out the country’sdebt burden, Private Sector development Association, Yusuf Dodia has said.Mr Dodia said most of the government resources were channeled towards social securityinvestments and as a result, the economy was not being driven by government investments ineconomic growth.He said government decided to come up with a K 22 billion supplementary budget because itwas failing to manage to run the country’s developmental agenda within the K173 billion kwachabudget which was initially approved.“The year 2022 has been a very difficult year for the private sector and in 2021 Covid 19 hit thenation and there was load shedding, productivity had become very low and businesses weretrying to normalize towards the end of 2021 hoping that in 2022 things would be better,” MrDodia said.Mr Dodia said in the first […]
2022 was a difficult year for private sector – Dodia
