The one thing pushing South Africa to disaster

BusinessTech

South Africa’s fiscal multiplier is shrinking due to government’s ineffective spending, risking economic disaster. The multiplier measures the impact of fiscal spending on GDP. If above 1, spending leads to growth; below 1 means overspending. South Africa’s spending hasn’t boosted growth as desired, with examples like inefficient infrastructure projects. Effective government action is crucial to avoid economic decline.

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