Treasury puts the brakes on a left turn

7 months ago 9

Gettyimages 2021815484 594x594

Prior to Finance Minister Enoch Godongwana’s announcement, the proposal that the government draw down from the reserve account was dismissed by many as leftist badgering. Photo: Dwayne Senior/Bloomberg via Getty Images

Some consider the decision to tap the forex reserve as a sign that the state can be swayed by the left. But the ANC-led government knows exactly how to neutralise progressive forces

This content is restricted to subscribers only.


Join the M&G Community


Our commitment at the Mail & Guardian is to ensure every reader enjoys the finest experience. Join the M&G community and support us in delivering in-depth news to you consistently.

Subscribe

Subscription enables:

  • - M&G community membership
  • - independent journalism
  • - access to all premium articles & features
  • - a digital version of the weekly newspaper
  • - invites to subscriber-only events
  • - the opportunity to test new online features first

Already a subscriber?
Login here.

Read Entire Article
Progleton News @2023