EDITORIAL: Sharing Prosperity

DEMOCRACY represents the consent of the people; it should be anchored on the defence of living standards and shared prosperity. 

The discomfiture over the announcement of presumably cost-of-living-based increases in severance and other remunerations of the political elite by the Revenue Mobilisation and Allocation body is understandable and indeed justifiable. In a country devoid of any cost of living adjustments for pensioners, it is clearly inequitable to limit the “dividends of democracy” to a privileged strata.

The erosion of living standards is a reflection of the absence of the macroeconomic and the price stability essential to attain social justice, equity and cohesion.

We cannot deny people of their entitlement but fairness and equity should be the watchword.