Our View: Government’s economic policy driven by public pressure, not prudence

The way the government is carrying out economic policy should worry everyone. Although it claims that fiscal discipline and prudent spending are its priorities its erratic decisions do not really support its claim. This is a government that formulates economic policy in accordance with public demand, giving the impression that any group that shouts loud enough or steps up the criticism it will be satisfied. One day the zero VAT regime on certain items has to stop and few days later it is introduced for other items...