Treasury cautions about adoption of fiscal rules
One of the dangers is the temptation for the government to spend in an economic upturn
16 March 2021 - 19:10
The National Treasury has responded cautiously to a DA proposal for a budgeting rule that would place limits on the amount of debt the government is able to take on.
The DA made the proposal in the form of a private member’s bill tabled in parliament as a strategy to getting SA’s runaway debt under control...
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