Advisory body FFC urges government to take bold action to boost economy
The Financial and Fiscal Commission, in response to the MTBPS, says policy and implementation are the cornerstones of restoring and fiscal credibility
The Financial and Fiscal Commission (FFC) has urged the government to restore fiscal credibility and boost confidence in the economy.
Reacting to the medium-term budget policy statement (MTBPS) tabled by finance minister Tito Mboweni in parliament last week, the FFC, which was established under the constitution to advise government on fiscal policy, noted that the economy is trapped in a precarious growth trajectory and that the fiscal indicators are spiraling out of control. ..