This revenue is the lifeblood of public services, empowering governments to provide essential goods and services that improve the quality of life for citizens. From access to quality healthcare and education to social protection programs and basic public services, a thriving economy is the foundation upon which prosperous societies are built.

However, economic growth is not without its challenges. As we expand the productive base of our economy, we require additional capital goods and services to support this growth. To achieve this, we have three key strategies:

1. Unlocking dormant national resources: By harnessing the untapped potential of our national resources, we can stimulate economic growth without relying on external factors.
2. Domestic manufacturing of capital goods: By promoting domestic manufacturing, we can reduce our reliance on imports, create jobs, and stimulate innovation.
3. Increasing domestic production: By focusing on the production of goods and services required within our country, we can reduce our trade deficit, promote self-sufficiency, and drive economic growth.

By adopting these strategies, we can create a virtuous cycle of economic growth, where business thrives, governments have the resources to deliver quality public services, and citizens enjoy an improved quality of life. Together, let’s unlock the potential of our economy and build a brighter future for ourselves and generations to come.