National Planning Secretary Koney Samuel says the government must focus on high impact investments to transform the economy in the next five to 10 years.
Mr Samuel said the country cannot afford to spread its resources too thin, instead the government should choose big, important projects that can drive change and bring real results.
He said agriculture, infrastructure, energy and manufacturing could be areas for high impact investment.
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Some of the biggest public companies in the United States, including Wal-Mart, Walt Disney Co., Microsoft, have adopted carbon pollution pricing strategies.