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July 6, 2020

SOUTH AFRICA: Supplementary budget in the crossfire

BY Anne Frühauf

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( 5 mins) Criticism of the Treasury’s “austerity” budget may generate noise, though parliamentary approval of appropriation bills is normally a formality. Another source of tensions – and doubts over promised spending cuts – will be the battle over additional funds for South African Airways (SAA)’s business rescue. Finally, growth concerns will be compounded by the potential need […]

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