CLAIRE BISSEKER: SA has backed itself into a corner and is out of options
The fiscal position has become profoundly unsustainable and a debt crisis is almost certain
02 November 2020 - 14:21
There is one key metric against which to measure the 2020 medium-term budget policy statement (MTBPS): does it move SA closer to the fiscal cliff or has it bought us a bit more runway?
It could be argued that despite its attempt to strike a more realistic balance between austerity and growth than June’s 87% debt target, finance minister Tito Mboweni actually made things worse last week...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.