Spending cuts not the only way to curb economic crisis

10 September 2023 - 00:00 By Dr Gilad Isaacs, Zimbali Mncube and Liso Mdutyana

 A flurry of recent news articles have referred to South Africa as approaching a “fiscal cliff” due to a “debt blowout”, with the possible “total collapse in the country’s finances” feared. Such panic-inducing statements will be made repeatedly prior to the medium-term budget policy statement in late October. ..

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