The report is an effort to objectively present the situation with respect to the state of the economy. It acknowledges the gains made over the year, but cautions against certain misleading and, consequently, overly optimistic judgements. It identifies the areas where weaknesses are pronounced and where policy shifts are called for in order for the process of economic revival to be generated and sustained. And in line with SPDC’s perspective, the report highlights the equity, employment-generation and poverty-reduction aspects of macroeconomic and fiscal policies.