We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

The Treasury does not support the introduction of a fiscal responsibility rule — proposed by the DA with the aim of limiting the government’s ability to accumulate debt — as it believes it will not address the fundamental challenges the fiscus faces in SA.

Acting head of the Treasury’s budget office, Edgar Sishi, was responding in parliament on Tuesday to the Fiscal Responsibility Bill proposed by DA finance spokesperson Geordin Hill-Lewis. The bill aims to promote fiscal responsibility by obligating government to reduce its debt levels and exposure to debt and to introduce fiscal rules for the management of debt and government guarantees...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now