CLAIRE BISSEKER: An important reality check: SA’s fiscal cupboard is bare
Austerity is what the future holds for SA whether we are prepared to admit it nor not
07 November 2023 - 05:00
If society’s stakeholder groups were asked to mark the recent medium-term budget, the markets and business would probably give it an A, economists a B and civil society groups an F for fail. Each would be justified in its own way.
Business and the markets liked the medium-term budget policy statement (MTBPS) because the National Treasury was not swayed from its tight fiscal consolidation path by the noisy pushback from politicians and civil society. ..
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