EDITORIAL: Tips for Tito: a plea for wage restraint
The FM’s big tip for finance minister Tito Mboweni would have been to get a deep conversation going with the unions before the budget on the need for wage restraint
13 February 2020 - 05:00
The national budget is so dense with numbers that the National Treasury helpfully provides simple graphs in its budget documents to tell the story of SA’s fiscal predicament in a way that a child, or even a politician, could understand.
In a fortnight, the first thing analysts will do when they get the 2020 Budget Review is turn to the graph showing SA’s debt-to-GDP outlook. The big question is whether it will look as bad as it did in the medium-term budget policy statement (MTBPS) in October...
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