Signs of a fiscal crisis as budget deadline looms

Ahead of the budget deadline, CDE executive director, Ann Bernstein spoke with Gareth Edwards on eNCA warning that South Africa could soon run out of money if the fiscus isn’t handled properly. According to her “We are now sitting in a situation where we cannot continue as we have. We need to cut down on government expenditure. Just like any household we have to make some changes and this must be done in a way that will promote growth,”. This interview follows the release of CDE’s latest short report, Dealing with the Budget Crisis: CDE recommendations.

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