Can Johannesburg fix its books before the doom loop wins?

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South Africa

Can Johannesburg fix its books before the doom loop wins? — Sources: Daily Maverick

It has a name: fiscal fiction. Spending as though the cash were already in the bank. But increasingly, it isn’t. A new report from the Centre for Development and Enterprise shows just how far Johannesburg has let that fiction run.

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Can Johannesburg fix its books before the doom loop wins?

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