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South Africa: On the Razor's Edge - Fiscal Balancing Act Hinges On Civil Servants' Wage Bill
Daily Maverick, 24 February 2021
Under the theme of supporting public health and repairing public finances, the 2021 Budget shifts numbers across the balance sheet to make it look good. But it's a case of robbing… Read more »
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South Africa: Government Moves to Stabilise Debt As Budget Deficit Doubles
SAnews.gov.za, 24 February 2021
Government's fiscal strategy over the next three years will be to narrow the deficit and stabilise the debt-to-GDP ratio, the National Treasury said on Wednesday. Read more »
South Africa Moves to Stabilise Debt as Budget Deficit Doubles
Under the theme of supporting public health and repairing public finances, South Africa's 2021 Budget shifts numbers across the balance sheet to make it look good. But it's a case of robbing Peter to pay Paul, writes the Daily Maverick's Marianne Merten. Finance Minister Tito Mboweni's speech comes after a tumultuous 2020 that saw the economy pummelled by Covid-19. More than 30% of workers are now unemployed as businesses closed their doors. Business rescue plans were implemented by the government but were, for many, too little too late. Several grants were also provided by the government.
Documents
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24 February 2021
Budget 2021
- Author:
- South African National Treasury
- Publisher:
- South African National Treasury
- Publication Date:
The South African Minister of Finance Tito Mboweni tabled the 2021 Budget in Parliament on 24 February 2021 at 2pm. see more »
South African Finance Minister Tito Mboweni delivers 2021 Budget Speech in Parliament, February 24, 2021.
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South Africa: Annual Budgets Need an Overhaul. Here's Why, and How
The Conversation Africa, 22 February 2021
Governments in most developing countries use medium-term expenditure frameworks as fiscal policy instruments to match the imperatives of policy, planning and budgeting over the… Read more »
