Weak growth and higher spending pressures hit public finances
We have not pencilled into our baseline any new major spending allocations, says Absa’s Miyelani Maluleke
08 February 2024 - 05:00
Absa bank has added its voice to a list of institutions decrying the country’s public finances, which it says are challenged by weak growth and spending pressures.
SA’s fourth-largest bank warns that these pressures will only add to slippage in the present fiscal year and probably carry over into 2024/2025...
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