Industry asks for elevated coaction

BUSINESS has emphasised the critical importance of heightened engagement between the government and the private sector to help fix the country’s escalating economic challenges.
Speaking to The Financial Gazette this week — amid signs of growing exasperation by authorities regarding the country’s mounting inflation and prices of goods and services — captains of industry and commerce said continuing co-operation between the government and business was essential to fixing all this.
They added that both parties needed to collaborate more in identifying the root causes of the country’s challenges, as well as the possible solutions — understanding that commerce and industry were also hurting from the rising local cost of doing business.