SA must rediscover dangers of government borrowing – Kganyago | The Citizen

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SA must rediscover dangers of government borrowing – Kganyago | The Citizen
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🌍💰📈 Reserve Bank Governor Lesetja Kganyago sheds light on the impact of capital flows in emerging markets and the importance of effective implementation. TheCitizenNews ReserveBank 💼✨💪 Read the story⬇️

Kganyago on capital flows and government debt levels

“Too often, there is a tendency to look at a problem, cost out a solution and focus on raising the cash. Implementation is just a black box.”Policymaking and implementation “There is a strong focus on costing the climate change impact for poor countries and using those estimates to lobby for massive inflows.

He emphasised that this is a global discussion that has evolved significantly over his time working in macroeconomic policy.

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