CLAIRE BISSEKER: Budgetary sleight-of-hand hides true fiscal picture
Accounting treatment of Eskom bailout creates misleading picture of state of public finances
28 February 2023 - 05:00
There’s a saying that when something seems too good to be true it usually is. Unfortunately, that applies to the 2023 national budget, which has received plaudits but on closer inspection provides a misleading picture of SA’s fiscal health.
On the face of it the budget accelerates the pace of fiscal consolidation while also saving Eskom, avoiding tax increases, protecting pro-poor spending, and channelling more funds towards infrastructure and front-line services...
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.