The budget should have done more to stimulate consumption and boost GDP even if this was at a medium- to long-term expense of a rise in the debt-to-GDP ratio, an economist argued in parliament on Tuesday.
Parliamentary budget office deputy director for economics Seeraj Mohamed presented this argument in a submission to parliament’s appropriations and finance committees on the 2020/2021 budget, which was tabled in parliament by finance minister Tito Mboweni last week...
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