Business prevails as Godongwana cuts public spending to minimum

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 75%

México Noticias Noticias

México Últimas Noticias,México Titulares

The minister appeared to be concerned with dealing with the public spending crunch due to the fast-depleting fiscus.

He said the budget recognised that government must respect budget constraints and preserve sustainability of government services that are being crowded out by debt service costs. Government spending has exceeded revenue since the 2008 global financial crisis.

Corruption in SA still remains significant and continues to have far-reaching consequences for the political, economic and social landscape, as the country plunges into debt now standing at R5.2 trillion and to exceed the R6 trillion mark by 2025.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 6. in MX
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

LIVE: Minister Godongwana delivers MTBPS 2023 - SABC News - Breaking news, special reports, world, business,Minister Godongwana is delivering the Mid-Term Budget Policy Statement.
Fuente: SABC News Online - 🏆 32. / 51 Leer más »