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Austerity blamed for weak business confidence

Austerity blamed for weak business confidence

By GhanaSummary NewsroomSouth Africa

Economists have warned that business confidence will remain low unless the government reverses its decision to cut spending in critical sectors.

So that is a big thing that we need to talk about: that our government needs to reverse the cause of austerity and cut down on expenditure.

Ntshwanti says, “Our government is lacking and has been embarking on what is called austerity, which means that they’ve been cutting expenditure on education, health, as well as infrastructure.

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