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Some people have asked for our comment on the #Treasury #EconomicStrategy document
There are two major issues: process and content.
I deal with these in turn.Note: these are not the official views of the @IEJ_SA 👇
Firstly on *process*
National Treasury has gone rogue...again
They have unilaterally published a policy document without engaging
👉government structures
👉ANC structures or
👉civil society (unless you count financial sector economists present at their colloquia).
Given that we are in a deep economic crisis, this Treasury unilateralism is highly irresponsible, as broad engagement on the *nature of the problem* is critical to coming up with *appropriate solutions*. But it now emerges that such engagement was totally absent.
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