Spend more: People wait for transport after buying food with child grants. A universal income will boost the country’s economic recovery. Photo: Per-Anders Pettersson/Getty Images he question whether the government is spending too much is a relative one. Relative in terms of actual amount spent, and on the allocation principle versus the magnitude of the problem one is trying to solve for.
In this article we look at how much the South African government allocated to fiscal spending during two crises, the 2008 financial crisis and the Covid-19 pandemic. We compare the announced spending (amount) in relation to other countries […]
Full Post at mg.co.za