South Africa Has First Quarterly Primary Surplus in Three Years

marbro

Senior Member
Joined
Nov 9, 2010
Messages
847
we have a financial surplus,

anc cant pay salaries......


how can we unite these two problems?
 

konfab

Honorary Master
Joined
Jun 23, 2008
Messages
29,883
A primary surplus, which excludes interest costs, suggests the state can extract resources from the economy necessary to service debt.

No, they cannot. The current SA budget has to borrow money to pay for the interest.
 

Lupus

Honorary Master
Joined
Apr 25, 2006
Messages
36,486
we have a financial surplus,

anc cant pay salaries......


how can we unite these two problems?
ANC technically cannot use the money from Taxes and such to pay it's staff, unless they are actually in government.
 

eg2505

Honorary Master
Joined
Mar 12, 2008
Messages
25,373
cooking the books is a ANC specialty, especially when they cant even pay their own salaries.

lies on top of more lies,

problem is they base future decisions on those lies, so they make the situation worse, not better
 

Demented!

Well-Known Member
Joined
Feb 18, 2014
Messages
107
a statement like this is like a whistle to the cadres calling them to national treasury, meeting is being held as we speak on how to distribute those funds by the ruling party
 

TheChamp

Honorary Master
Joined
Feb 26, 2011
Messages
40,605
cooking the books is a ANC specialty, especially when they cant even pay their own salaries.

lies on top of more lies,

problem is they base future decisions on those lies, so they make the situation worse, not better
:ROFL:
Be a lamb and present to us the uncooked books, what do they say?
 
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