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Can Johannesburg fix its books before the doom loop wins?

It has a name: fiscal fiction. Spending as though the cash were already in the bank. But increasingly, it isn’t. A new report from the Centre for Development and Enterprise shows just how far Johannesburg has let that fiction run.

It has a name: fiscal fiction. Spending as though the cash were already in the bank. But increasingly, it isn’t. A new report from the Centre for Development and Enterprise shows just how far Johannesburg has let that fiction run.
ORIGINAL SOURCE

Daily Maverick

This report is indexed by BAGANBAZAR GRAPH with its original publisher named and linked for readers.

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