SA needs clear plan for growth, says Financial and Fiscal Commission
A coherent macroeconomic framework must be underpinned by the budget and reflected in the figures in related money bills
17 August 2020 - 11:40
The fiscal credibility of SA is under threat, and the country needs to strengthen the coherence of its economic and fiscal stance as it responds to the Covid-19 pandemic, the body charged with oversight and making recommendations on the fiscal framework has said.
The Financial and Fiscal Commission (FFC) has called for “a clear strategy for growth” that is underpinned by the budget and supported in relevant money bills. It threw its weight behind the government-endorsed Treasury document “towards an economic strategy for SA” as way to raise the credibility of government’s economic and fiscal stance...
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