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Listen "Budget 2024: stronger measures needed to stimulate economic growth"
Episode Synopsis
In this podcast, STANLIB’s Chief Economist, Kevin Lings, emphasises the most important points of Budget 2024, focusing on the government's choice to access R150 billion from the R500 billion surplus in the Gold and Foreign Exchange Currency Reserve Account (GFECRA) to decrease debt. Although this move has pleased bond market investors, Kevin argues that a better use for the funds would be to stimulate economic growth.
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