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Fiscal

Budget 2023: why the UK’s fiscal watchdog does not share the chancellor’s optimism

Budget 2023: why the UK’s fiscal watchdog does not share the chancellor’s optimism: Sean Aidan Calderbank/Shutterstock UK chancellor Jeremy Hunt confidently described his first budget of 2023 as a “budget for growth”. He went on to offer a fairly upbeat assessment of both economic performance and future prospects, arguing: “The declinists are wrong and the …

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Why government budgets are exercises in distributing life and death as much as fiscal calculations

Why government budgets are exercises in distributing life and death as much as fiscal calculations: Sacrificial dilemmas are popular among philosophers. Should you divert a train from five people strapped to the tracks to a side-track with only one person strapped to it? What if that one person were a renowned cancer researcher? What if …

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South Africa’s fiscal squeeze: warning signs ignored for too long

South Africa’s fiscal squeeze: warning signs ignored for too long: Getty images An analysis of South Africa’s current economic crisis which has put the country on the path of fiscal unsustainability was recently published by renowned economics professor Ricardo Hausmann and a number of co-researchers. The paper shows clearly that South Africa embarked on an …

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In a fiscal ditch? African countries should try public participation in the budget process

In a fiscal ditch? African countries should try public participation in the budget process: Reliance on informal economic activity makes it difficult for most African countries to raise revenue beyond consumption taxes Getty Images There are two big challenges African countries face when it comes to managing public finances. First, many lack fiscal capacity on …

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South Africa faces a slowly worsening chronic fiscal crisis

South Africa faces a slowly worsening chronic fiscal crisis: South Africa President Cyril Ramaphosa: His party's 2022 elective conference and the country's 2024 national elections will define political choices Getty Images South Africa’s National Treasury has done an excellent job in the 2021 medium term budget policy statement of balancing the fiscal and political pressures …

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How Rwanda can use fiscal policies to improve health outcomes

How Rwanda can use fiscal policies to improve health outcomes: Shutterstock Rwanda’s health sector has seen many reforms over the past two decades, which have greatly improved public health indicators. Communicable diseases have declined and the maternal mortality rate fell from 1,071 deaths per 100,000 live births in 2000 to 210 in 2015. But noncommunicable …

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ERSA’s Fiscal Futures webinar series (III)

South Africa in the news: ERSA’s Fiscal Futures webinar series (III): Brief one introduced the themes and the participants and then the first two topics: Treasury and the South African Reserve Bank’s Response to COVID, and the fiscal deficit and fiscal sustainability.: “South Africa” – BingNews SundanceTV/beIN Media Arabic Shorts Competition Draws More Than 300 …

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The Fiscal Femme’s Advice for Reaching Your Financial Goals

Experience the power of Fiverr for yourself. CLICK HERE to get work done for you for just $ 5.00. The Fiscal Femme’s Advice for Reaching Your Financial Goals: One of the biggest challenges of becoming a solopreneur is sacrificing that steady paycheck. It can be tricky to anticipate your income and expenses without a regular …

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S&P Tosses South Africa Onto The Fiscal Scrapheap With New Junk Status

South Africa in the news: S&P Tosses South Africa Onto The Fiscal Scrapheap With New Junk Status: Ratings agency, Standard and Poor’s (S&P Global), has officially downgraded South Africa’s credit rating to junk status. The move comes in the wake of President Jacob Zuma’s recent cabinet reshuffle. S&P Global said that the move to junk …

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