Posted 4/8/2024, 9:03:43 AM
IEA Critiques Government's Economic Record, Calls for Accountability on Recent Downward Trends
- IEA says almost all economic indicators were worse in 2023 than what government inherited in 2016
- IEA blames poor outcomes in 2020-2022 on excessive spending, borrowing, and inappropriate policies
- IEA commends 2017-2019 improved outcomes due to better policies and oil price stability
- IEA wants government to take responsibility for recent poor macroeconomic outcomes
- IEA reacts to President's State of the Nation address, says using 2022 as baseline is self-serving
