‘They should have acted earlier’: Government living beyond its means

Drastic measures proposed by National Treasury to rein in spending as national debt hits R4.7-trillion

03 September 2023 - 00:05

By Sam Mkokeli and Amanda Khoza

The National Treasury is proposing radical measures to rein in runaway government spending, warning of “unprecedented challenges” and raising a red flag over South Africa's deteriorating public finances.

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