"Empirical data" is what you see, feel and touch everyday.... the Economy is flat on its back! It will take a miracle to revive it.
Through the GoK led/fueled infrastructure projects which came with conditions attached to source inputs from China including workers, we exported our jobs to China, the benefits never trickled to local man.
Meantime, GoK borrowing crowded out M/SMEs from the credit market. the problem with lack of credit to small business was never the interest rates capping; why would banks lent to you at 14% when they could comfortably lent to GoK at 10%?
Empirical adjective "...based on, concerned with, or verifiable by observation or experience rather than theory or pure logic..."
I thought we finally had some empirical data - just the usual verbal diarrhea from a failed politician.