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national treasury has already budgeted to spend 682.5 billion rand on the public sector wage bill for the fiscal year 2022-2023 senior economist at standard bank elna mullman has warned that the government would need to find a further 60 billion rand to honor the latest union demand finding more money from the taxpayer is tricky in these economic times while national treasury has been trying to reduce the debt it takes out in the open market and the government is being strongly urged not to rely on the recent commodity boom thats helped to lift the countrys coffers one of the mistakes that we made in the past is to assume that a commodity boom would continue and would have strong revenue growth and therefore we spend as if the revenue growth would continue whereas this time around they are a little bit more cautious and saying we dont know how long this is going to last lets rather reign it in get things under control just keep the fiscal position sustainable again and then we can
