Wise macroeconomic management rises above pressure in budget policy statement
1 December 2021
Co-ordinated campaign against the National Treasury and the cabinet to commit to greater spending fails. The medium-term budget policy statement represents an important victory for prudent macroeconomic management over the enormous pressure exerted on the National Treasury and the cabinet to commit to higher levels of spending.That pressure emanated from a curious — some would say, fraternal — alliance between certain left-wing think-tanks and the former managing partner of Goldman Sachs’s office in SA, Colin Coleman.This was a co-ordinated campaign to persuade the government […]
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