Therefore, a key objective over the medium term must be to ensure more robust growth of incomes at household level along with broader economic development. Economic growth must be broadbased, and not limited to a few narrow sectors that benefit only some segments of society.
Whilst overall unemployment is at a historical low of 4.4%, youth unemployment remains significantly higher at 19.1%.Furthermore, as a small nation of 20 mn people, achieving the country’s full economic potential and sustaining growth over the long term will depend on its ability to build a robust export led economy. To achieve these ends, the country requires reforms to enhance its competitiveness and productivity. Considering the above, we make the following recommendations and remain committed and ready to contrib