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Responsible Spending Bill B9-2023

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Responsible Spending Bill B9-2023

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To promote responsible spending by obligating the Republic of South Africa to reduce its debt levels and its exposure to debt; to introduce fiscal rules for the management of debt and government guarantees; to provide for there view of the fiscal rules; to provide for certain exemptions from the fiscal rules; to provide for reporting requirements; to increase transparency and fiscal responsibility; and to provide formatters connected therewith.

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