Key priorities highlighted include easing barriers to trade and investment, improving the business environment, and modernising tax administration, as well as regulations governing land and labor markets.
The report also emphasises public spending, noting that over 80 percent of government expenditure is tied to public sector salaries, welfare programs, and interest payments. This leaves limited room for investments in infrastructure, education, and health—critical areas for long-term economic growth.
While the scope for significantly increasing or cutting public expenditure is limited, the report recommends maximising benefits from current spending, particularly on public wages and capital projects. Suggested measures include reforms to manage the public wage bill, including fairer pay structures and modern payroll systems.
On public investment, the report urges the government to address key infrastructure gaps, strengthen project planning, evaluation, and monitoring processes, prioritise the completion of nearly finished projects, and increase funding for infrastructure maintenance.
