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Govt debt: 23% of GDP in 2009, now over 70%. What's the money been spent on?

One problem with South Africa's trillions of rand's worth of debt is that the money has not been invested well, remarks economist Kevin Lings. ....

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Govt debt: 23% of GDP in 2009, now over 70%. What's the money been spent on?

Govt debt: 23% of GDP in 2009, now over 70%. What's the money been spent on?
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MCSA statement following Medium-Term Budget Policy Speech

The Minerals Council South Africa has released a statement welcoming the Government’s continued resolve for fiscal consolidation. ....

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'Godongwana to deliver MTBPS amid difficult global economic outlook,' expert

"Minister Godongwana is delivering a medium-term budget against an extraordinarily difficult global outlook as he just got back from IMF meetings in Washington and there is a certain gloomy outlook." ....

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