The treasury wish list for boosting growth is right – extremely so
The list suggests many things that stoke the fires in the right ways - but the naysayers have already struck
“Running out of Road” is the pertinently titled report by the Centre for Development and Enterprise (CDE) report on our dreadful public finances.
When you actually drill down into the detail of our cratering revenues and blowout expenditure, “Headlong Into a Cul de Sac” or “Entering the Death Zone” might be even catchier.
The CDE advises that for every day of the year since 2015 and continuing until 2022, the government borrows R1bn just to keep afloat and to fund the bottomless SOE pits of dysfunctionality...