The Remainder Downside Risks Facing the Economy

By   |  0 Comments  |  Features, Sunday | Sunday, April 24, 2011 

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This week I shall consider the remainder of the downside risks facing the economy over the short-to-medium term. These are 1) further stalls in major projects, which are scheduled to come on-stream soon 2) social-political-macroeconomic instability in the context of near-term national elections and, 3) financial risks facing the National Insurance Scheme.


Stalled Projects

In relation to the risks of stalled projects, which are scheduled to be in operation, I had indicated last week the situation of the Sugar Modernization Project.  This project has been on-going for at least a decade now and remains extremely doubtful of being able to fulfill …..

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