Micro-economic policy deals with policies targeted at the development of economic sectors, firms and households. It aims to ensure the promotion of investment in the real economy, efficiency of economic institutions and productivity, thereby raising income levels and living standards.
The purpose of this work stream is to identify the available micro-economic policy options, evaluate different options against development and decent work goals and make recommendations to cabinet on policy and implementation issues. In so doing, it will identify pertinent micro-economic policy issues with due regard to the policy goals of government, the lessons from international experiences, the priorities for African development and the challenges posed by the global economic crisis. In order to perform its functions effectively, it will develop an economic intelligence database on real economy entities, economic entities that the state has a shareholding in and provides incentives to or which have received state support. In fulfilling its functions, the work stream will research and develop policies that help produce equity and the generation of full employment.
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