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Fiscal Framework and Revenue Proposals
The Institute for Economic Justice (IEJ) submitted a report to the South African Parliament on February 26, 2024, criticizing the 2024 Budget for continuing a decade of austerity and budget cuts. The IEJ argues that the National Treasury's focus on debt stabilization and primary budget surpluses sacrifices public services and long-term economic growth, recommending instead a human-rights based fiscal approach with increased spending on social grants, public employment, and infrastructure.
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Document type: Report
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