A Financial Expert has observed the need for the government to identify and invest in industries that are helping to recover o the economy while fighting the spread of COVID-19.
Speaking in an interview with Money FM News, Mambo Hamaundu has cited the pharmaceutical industry as one of the areas that the government can provide various incentives to ease their operations in the wake of COVID-19.
“We are looking at aspects around the pharmaceutical industry how to maybe help them perform better as they are helping in the fight against COVID-19,” Mr Hamaundu said.
Mr Hamaundu says by doing so, the County’s economy will be able to recover from economic shocks while fighting the epidemic.
“Looking at first of all at the manufacturing of face masks, hand sanitizers, soaps and so on and so forth how we can ensure that we put money in these sectors to try and stimulate the economy while fighting COVID-19 on the other hand,” Mr Hamaundu explained.
He added that the pharmaceutical industry is one of the sectors that are most performing well following high demands of various medical equipment needed in combating the scourge.