Political budget cycles that every voter should watch carefully

The president, his deputy and all other incumbent politicians have been spotted in the past several months bragging about the various development projects they have successfully initiated. The president and his deputy are notorious for this, and their several videos on this agenda are full on air in several local television stations not to forget the newspapers and radio stations. This is a term scholars refer to as political budget cycles.

Political budget cycles refers to a situation whereby electoral considerations drive the formulation of economic policies. The incumbent politicians will have incentives to manipulate macroeconomic policies to favour their reelections. No wonder even the local drunkards at corner bar are amused at the rate at which so many development projects have been completed and initiated during this election year. Politicians will intentionally choose and favour only those projects whose completion date will coincide with the election period and worse of all they will strategically delay and drag or speed up certain projects for their completion dates to coincide with the election period.