HILARY JOFFE: Godongwana’s policy statement leaves many questions
The problem with the budget's complicated growth arithmetic is that it has to cut the deficit and the debt
15 November 2021 - 19:36
Finance minister Enoch Godongwana spoke in his budget speech last week of “enabling long-term growth by narrowing the budget deficit and stabilising debt”.
In theory the case for curbing the debt burden to unlock investment and growth in the economy is clear. In practice, the relationship between SA’s fiscal policy stance and its growth prospects is more complicated, and the budget leaves many questions...
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.