Tuesday, May 26, 2015

BUDGET IN PARLIAMENT

The Honourable Members of Parliament are meeting mainly to discus the 2015/2016 fiscal plan.  As a Trade Expert am interested in trade related aspects of the budget.
There is need that key sectors being affected by international trade, particularly where exports are declining be budgeted for problem analysis: should we negotiate for markets, should we promote our products, should we look for investros in the sector, is it dumping, subsidies affecting competition against us, is it trade facilitation issues and challenges, is it lack of skills, quality issues or what?

What we have noticed in the past years is allocation that caters for salaries and consumables. Period. The actual allocation to the Ministry of Industry and Trade is even much much lower. Of course, its not deliberate but the national purse is to small to share among ourselves according to our needs.

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