This case study on the management of contingent liabilities and oversight of state-owned companies (SOCs) in South Africa seeks to illustrate how national government finances deteriorated over time, in part due to the extent of government support provided – from a fiscal position ably placed to address the global crisis of 2008/09, to the current vulnerable fiscal position, where resources to respond to the current COVID-19 pandemic and other social needs are limited.
Year: 2021 Theme: Publications, Public debt management, Publications Language: English