The AIDC submission addresses the National Treasury’s fiscal policies, including the disproportionate weighting placed on debt-to-GDP as opposed to targeting reductions in poverty, inequality and unemployment.
The AIDC submission addresses the National Treasury’s fiscal policies, including the disproportionate weighting placed on debt-to-GDP as opposed to targeting reductions in poverty, inequality and unemployment.
On 21 January 2022, the World Bank approved a $750 million (~R11.4 billion) loan to assist the South African fiscus. As part of the Bank’s “development policy loan” (DPL) programme, this loan is expected to have an interest rate of…