The real cost of SA’s R500bn bailout
The R500bn relief package is affordable but with growth so weak, and interest rates on government debt so high, the fiscus will remain in deep trouble without bold economic reform
30 April 2020 - 05:00
What would you like to hear first: the good news or the bad news? Or about the big grey area — that unexplored, longer-term terrain where SA’s future remains in the balance, caught between the prospect of a sustainable growth recovery or a debt trap?
Which way the country ultimately tips depends largely on whether the common good and evidence-based policy prevail over the populist clamour of vested interests. Either way, the next few months are going to get very noisy...
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.