Last year, in our Response to the Medium Term Budget Policy Statement, we used the metaphor of a cart being pulled slowly up a hill – the hill being the global economic crisis, the cart being the South African economy. That hill is still very much with us, and Finance Minister Pravin Gordhan is still leading the team pulling upwards. But, as we said a year ago, there is another team, and this one is determined to pull the cart backwards: “All this team wants is to enjoy the ride as the cart careers down the hill; only the short term thrill interests them.”

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Written by Mike Pothier, Research Co-ordinator, Southern African Catholic Bishops’ Conference
Parliamentary Liaison Office (CPLO)