Supplementary budget puts South Africa on the edge

Posted in: Intellidex in the media on July 7, 2020


Intellidex estimates that if the R500bn fiscal package were fully implemented, then SA’s GDP could contract by 10%. However, without proper implementation of the package, the GDP contraction is likely to be more than 16%. Featured in Daily Maverick. 

Have your say.
Share your opinion

RELATED ARTICLES

STUART THEOBALD: Farage bank account imbroglio will have implications for FATF

August 7, 2023

Should a bank be able to close your accounts because it disagrees with your political views? That question exploded into Britain’s national debate thanks to […] read more

PETER ATTARD MONTALTO: The sound of screaming in run-up to elections

July 31, 2023

In case it isn’t yet obvious — the pre-elections madness has already started. Blame the Reserve Bank — tick. Blame the big banks — tick. […] read more

STUART THEOBALD: Everything going to pieces? First check your availability bias

July 24, 2023

Behavioural economists use the term “availability bias” to describe our tendency to be overly persuaded by near-term information. What has happened most recently dominates our […] read more