In any case, the lowering of corporate tax is bad for the economy holistically as it will serve to widen inequality between the super-rich and the waged worker.

Bold and aggressive measures are needed to establish specialised economic zones to attract private investment. Large scale public investments are required for special economic zones. Thus, the call for very ambitious growth target for revenue seems justifiable.

THIS is the time of the year that draws the attention of most people on economic and financial matters. The Finance Ministry and the National