Treasury’s role in SA’s failed macroeconomic policies
ON WEDNESDAY, Finance Minister Tito Mboweni presented his fourth budget review.
As always, the budget was expected to give life, in terms of rands and cents, to what President Cyril Ramaphosa “promised” in his recent State of Nation Address (SONA).
The reality is that the Covid-19 pandemic presented an opportunity, despite its catastrophic impact on human life and livelihoods, for the realignment of long-term economic policy, as part of recovery plans, to move towards more redistributive economic policies that may, as a priority, solve the poverty conundrum, inequality and global
