Antonio Gramsci, the influential communist writer, has a quote that when applied to the National Budget, tells a story of government adopting a “holding position” when more direct and deliberate action is needed to tackle what the African National Congress refers to as triple challenge – unemployment, inequality and poverty. The quote is: The crisis consists [...]
Spend more and spend better is a stance that we support at Zapreneur. Government however needs to undertake major reforms before it’s budgets can be said to support economic transformation.
Table on maths performance in the 2012 Annual National Assessment.
The adjustments provide for an interesting picture of the adjustments government is making in the MTBPS 2011.
The challenge of non-interest spending declining and the strategies to ensure effective public spending in future.
More is needed if government is to use public expenditure to improve employment levels and tackle inequality.
Short update on the Jobs Fund from the MTBPS