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#kganyago — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #kganyago, aggregated by home.social.

  1. 「 South Africa eyes half of $27bn contingency funds to cut debt
    […]
    Drawing down on the account in a low-growth-trapped economy like #SouthAfrica, where spending needs are increasing on a yearly basis, offers a short-term fix at a time when a longer-term fix solution is needed, said University of the Witwatersrand #Wits Business School professor Jannie Rossouw.
    […]
    The notion that “there is some pot of gold hidden in the #ReserveBank, and all that is needed is to figure out how to get into that pot of gold and bingo, our problems are solved, is very, very simplistic,” #Kganyago said on November 23. “At worst, it’s actually very reckless.”
    Still, not making use of the account is “not sustainable either,” he said. “There must be an answer in between.”」
    #EconomicPolicy #Elections2024 #ContingencyFund
    engineeringnews.co.za/article/