Revise flagship programs to lessen economic burden – IFS to gov’t
Economic policy think tank, Institute for Fiscal Studies (IFS), has called on the government to expedite its promised review of its flagship programs to curb excessive spending and stabilize the macroeconomic environment. As a critical component of the $3 billion bailout agreement with the International Monetary Fund (IMF), the IFS noted that the government's commitment to this review has slowed, with no updates provided in the 2024 mid-year budget. Programs such as the "One Village, One Dam," "One District, One Warehouse," and the Infrastructure for Poverty Eradication Project (IPEP) have already undergone review and streamlining. Currently, the government is progressing...
