FIGHTING FIRES

10th November 2023 By: Darlene Creamer

FIGHTING FIRES

As has been the case for several years and with several of his predecessors, South Africa’s poor growth rate continues to act as the main constraint in enabling Finance Minister Enoch Godongwana to release the resources needed to ensure social fairness, while maintaining fiscal balance. Until the country begins growing at a far faster pace, Budget-related statements will remain geared towards putting out fires and staving off a debt crisis.