NEALS BUDGET FAILED TO EFFECT DISTRIBUTIVE EXPENDITURE IN ORDER TO ERADICATE INEQUALITY MADE WORSE BY COVID-19.
Budget failed to effect distributive expenditure and instead continued the trickle down dream. By Fundizwi Sikhondze Inequality (Source: Online) The budget speech read by Finance Minister Neal Rijkernberg on 26 th February 2021 demonstrated once more what many have always feared around the country, that the government, made up of mainly business operatives continues not doing much to balance the economic imbalances that afflict the Eswatini society. The Minister of Finance instead chose to continue down the beaten path of trickle-down economics. The trickle-down economics doctrine basically entrusts the private sector with correcting societal challenges that include poverty reduction and unemployment reduction. In reality however the markets are never perfect and thus may not give the expected result as any given moment. For instance, where companies are supposed to hire more people to undertake certain services, they can delay and not do the same, continue to u...