Budget 2014/15 – a Fiscal Consolidation or Expansionary Budget?

[New Era]Windhoek -Does the budget by the Minister of Finance, Saara Kuugongelwa-Amadhila, present a fiscal consolidation or a continuation of the expansionary budget tabled three years ago? Analysts say it is more of an expansionary budget than a fiscal consolidation one, since it does not rein in public spending, despite the tough talk by the treasury. Not only does it increase expenditure, but it also does not put away some money at a time the country is getting a windfall from the Southern Africa Customs Union, says econ