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[Letter] Avoid tariff-subsidies route

The IMF’s July World Economic Outlook highlights the risks posed by “trade tariffs, alongside a scaling up of industrial policies worldwide”, generating “damaging cross‐border spillovers, as well as trigger retaliation, resulting in a costly race to the bottom”.

[Letter] Tempting fate with NHI fund powers

The National Health Insurance (NHI) Act provides for the following (among others): “The [NHI] Fund must determine payment rates annually for healthcare service providers, health establishments and suppliers in the prescribed manner and in accordance with the provisions of this act,” and, “account to the minister on the performance of its functions and the exercise of its powers.”

[Letter] Master plans drive up costs

Trade, industry & competition minister Ebrahim Patel has highlighted the negative consequences of inefficient rail and ports systems, especially for new and emerging businesses (“Patel bemoans failed SOEs hobbling black industrialists”, March 18).