Kicking the can down the road, or worse?
Ieon Kok spoke to Efficient Group economist, Dawie Roodt, who has been outspoken on the 2020 Budget. The interview was based on Roodt’s presentation to the Free Market Foundation in Johannesburg.
What’s your overall assessment of SA’s public finances following February’s Budget?
The country has entered a fiscal debt spiral and only an extraordinary attempt, or luck, will get us out of it. This, of course, is largely due to pitiful public management; it’s getting worse and will inevitably evoke greater pain. We’re almost certainly
