No room for complacency on recovery, says National Competitiveness Council

Favourable exchange rates, low interest rates and low oil prices have done much to boost the economy and the recovery shouldn’t be taken for granted, the Government’s own major policy adviser said yesterday.

In its end of year scorecard, The National Competitiveness Council detailed “significant achievements” the country has made in recent years in consolidating the strong economic recovery.

However, it said the Government could not rest on its laurels.