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...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now