EPISODE · Nov 4, 2021 · 2 MIN
The mini-budget and the public debt
from Die ekonomie minuut · host Waldo Krugell
Yesterday I talked about next week's mini-budget and whether the Minister of Finance can use his tax windfall to expand social grants. Making the Covid allowance for unemployed adults permanent, or introducing a basic income grant, will require more money than a one-year surge in commodity prices can yield. A better plan is to borrow less, because South Africa has a debt problem.
What this episode covers
Yesterday I talked about next week's mini-budget and whether the Minister of Finance can use his tax windfall to expand social grants. Making the Covid allowance for unemployed adults permanent, or introducing a basic income grant, will require more money than a one-year surge in commodity prices can yield. A better plan is to borrow less, because South Africa has a debt problem.
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The mini-budget and the public debt
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