| ‘We’re not out of the woods’ – Investec’s panel of experts discuss the state’s missing billions.
Looking to roll back government finances and consolidate them in the manner that Trevor Manuel did, is something we might have to go through in order to get ourselves back on a firm footing so we can move forward,” says Annabel Bishop, Investec’s Chief Economist. She was referring to 1994, when a new government of the ANC came into power and inherited a budget deficit of more than 6%, during a panel discussion by Investec experts on the 2018 Budget Speech. “It’s a long road; it took us 10 yrs to get here and will take hard work and policy clarity, but we’ve started on that trajectory and hopefully there’s a political will to see this through,” says David Gracey, Head of currency and derivatives trading, Investec Corporate and Institutional Banking. Get more insights from the Investec #Budget2018 panel discussion here: https://invest.ec/2IyidUG For other videos from this playlist, click here: http://bit.ly/2IfkuiX |
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