Most glaring example of unsound fiscal management is primary deficit

Untargeted fuel, power subsidies to benefit rich far more than poor, must be discontinued

Trust should be in constitution for rules-based governance, stable policy outlook

With 4m hectares identified for olive plantation, country can become major player in long run

Welfare is not free as someone always pays cost of this system

Agreement with lender driving country’s economic direction, targeted reforms

PM and his team need to pay more attention to job creation, increase in real income

It calls for grand re-look at allocation of resources including public spending, taxes and tariffs

Economist suggests low tax rates, spending curbs, free trade, selling bleeding SOEs

Country has failed to diversify its produce as tariff structure restricts innovation, efficiency