Budget 2023: ‘Concern over rising inequality as high debt, energy crisis and corruption impact on public responsibilities’

Budget 2023: ‘Concern over rising inequality as high debt, energy crisis and corruption impact on public responsibilities’

The Budget Justice Coalition says it hopes the finance minister will not use the social budget to fund the country’s crises. File photo. Government’s debt and its impact on public spending is a concern for the Budget Justice Coalition, which says it hopes the finance minister will not use the social budget to fund the crises.

In anticipation of the 2023 budget today, spokesperson Phemelo Khaas said the largest expenditure item in the 2022 budget and outlined in the medium term budget policy statement last year was debt-service costs at R333bn per year on average and growing more than 12% […]

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