As SA’s fiscal position has steadily worsened in recent years, each budget and medium-term budget policy statement seems to take on more significance as the public and investors look for signs that SA’s politicians understand the precariousness of the country’s finances and will make hard political choices to tackle this.
Invariably, however, it has been left to the Treasury to paper over the cracks left by politicians’ inability to deliver on spending cuts and redirect government spending towards investment rather than consumption, and their failure to move on policy reform.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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Source: BDliveSA - 🏆 12. / 63 Read more »
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Minister Mboweni in tight space over MTBPSFinance Minister TitoMboweni is riding the storm with political parties calling on him to stick to his guns and cut spending in the wake of the impact caused by Covid_19. Stop the theft you lazy lot. No money from the IMF New World Order brother
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Ouch! Kwesta hits back at hater: 'Save this tweet on your iClout'Kwesta, did you have to go so hard with those Twitter bars? SA media is a joke Achuuu
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