Fitch Rating Agency Warns ANC Regime over Uncontrolled Spending and Unproductive Public Sector Salaries!
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ANC,Economy,Expatriate,Johannesburg,Money Matters,New York,News,News/Blog,Pretoria,RSA,SA Politics,Shopping,South Africa,Worldwide ANC,Budget,Credit,economy,expenditure,Fitch,growth,Head,increase,Labor Force,Nazmeera Moola,public sector,rating agency,remuneration,SA Investments May 18, 2021
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In a study published last week, the Fitch credit rating agency has warned the ANC government, which is still reluctant to consider public sector salary demands for the next three-year term, over it’s inability to exercise control over spending, which could lead to further budget problems.
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