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Eskom s planned separation to miss year-end deadline
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Maize output is expected to rise
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Eric LeCompte quoted in IOL article About IMF emergency funding
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Treasury warns SA debt crisis could hit service delivery
By Siphelele Dludla
Siphelele Dludla
THE NATIONAL Treasury has warned that South Africa’s debt crisis could deepen further and impact service delivery if the government does not cut wasteful expenditure, such as the unchecked leasing of property for its departments.
Deputy Finance Minister David Masondo yesterday recommended that the government regularly conduct spending reviews to reduce the costs of delivering public services.
Masondo said there had been a couple of “really frightening” reports on the costs that the government incurs in renting office accommodation.
Masondo said Treasury officials needed to help guide the government towards a more sustainable footing.
South Africa: When Strong Institutions and Massive Inequalities Collide
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