Michael Kpessa-Whyte writes: Before the budget speech, remember this. Social spending is economic policy
The classroom is part of the economy. Why the quarrel between finance ministers and social sector ministers rests on a false divide, and how governments can move beyond it Every budget season, a familiar scene plays out in capitals across Africa and beyond. The minister of health arrives at the finance ministry with evidence of […]
Before the budget speech, it is crucial to remember that social spending is an essential component of economic policy. The ongoing disagreement between finance ministers and social sector ministers stems from a misconception that these two sectors operate in separate domains. Both the finance and social ministries should be seen as partners in a single circuit, working together to bolster the economy and its productivity.
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