DUMA GQUBULE: Failed austerity to blame for low GDP growth and joblessness
All the pain over the past decade was pointless because the debt-to-GDP ratio soared
10 June 2025 - 05:00
A side-by-side analysis of SA’s three budgets this year is depressing, showing that the more things change the more they stay the same.
The National Treasury is continuing with its failed austerity policies of the past decade that have resulted in chronically low GDP growth, soaring unemployment, decaying public infrastructure and a rising debt ratio. ..
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