The government faces the tough task of balancing its economic recovery efforts with its plans to control spending in its upcoming medium-term budget policy statement (MTBPS), ratings agency S&P Global Ratings’ primary credit analyst for SA says.

"It seems to be more of a spending plan than a reform plan," S&P’s Ravi Bhatia told Business Day on Monday when reacting to the economic reconstruction and recovery plan announced by President Cyril Ramaphosa last week...

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