Editorial | We are in deep trouble

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Finance Minister Tito Mbowen delivered the medium-term budget policy statement in Parliament last week. Picture: Gallo Images
Finance Minister Tito Mbowen delivered the medium-term budget policy statement in Parliament last week. Picture: Gallo Images

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Take this as warning: if we do not implement these changes, we will be in deep trouble.”

These were the words from Finance Minister Tito Mboweni when he delivered the medium-term budget policy statement in Parliament this week – a no-holds-barred assessment of the country’s withering finances.

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