South Africa’s Medium-Term Budget Policy Statement (MTBPS) showed more evidence that the country’s debt is being brought under control and that the National Treasury is “keeping a firm hand” on spending, which is, in so doing, leading to business regaining trust, says Business Leadership South Africa (BLSA) CEO Busi Mavuso in her weekly newsletter. She explained on November 22 that this was important as Treasury had had to impose a restraint on the civil service that had become used to real increases every year and that Treasury was not able to “hold the line” in signaling that government remains firmly on top of its finances.
from Engineering News | Home https://ift.tt/3r2TQTV
