LETTER: Mboweni confuses cause and effect with Eskom
The Treasury is partly to blame for Eskom’s debt problems, so Tito Mboweni needs to solve them
15 July 2020 - 17:11
In his latest opinion piece finance minister Tito Mboweni clearly proved that despite public spending in the recent past, economic growth continued to decline; no-one can dispute this fact (Structural reforms — not spending — are the best way to achieve growth (https://www.businesslive.co.za/bd/opinion/2020-07-14-tito-mboweni-structural-reforms-not-spending-are-the-best-way-to-achieve-growth/), July 14).
However, the minister is wrong to use this contradiction as evidence that increased public spending is currently not the right economic stimulus for economic growth...
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