Government needs to tackle the real causes of SA’s fiscal ills
Reasons for high debt, low growth and low tax income are nonsensical policies, state failure and corruption
25 February 2024 - 00:00
As South Africa’s budget shrinks — thanks to corruption, irrational policies and incompetence — the National Treasury in its efforts at rightsizing runs the risk of cutting the wrong items, slashing the budgets of developmentally critical departments and services that are well-run, and using money for emergencies to cover the costs of current operations, as well as to pay salaries and debts...
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