Sobering World Bank report warns of urgent need for public spending reform
The lender proposes a structured framework built around three strategic priorities, eight actions and six reforms
10 March 2025 - 05:44
Public spending has failed to deliver the desired impact on long-term economic growth and poverty alleviation, the World Bank noted in the first part of its sobering new report, Driving Inclusive Growth in SA.
The lender warned the government’s ability to deliver basic social and infrastructure services has sharply deteriorated over the past decade...
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