ANC’s national debt crisis: Every child owes R67 000
21 February 2021
Ahead of our Alternative Budget tomorrow, the Democratic Alliance is launching a social media graphic to focus attention on South Africa’s debt crisis.
Years of the ANC government spending too much and borrowing too much, long before the Covid-19 crisis, have left the country with R4 trillion in debt. That is why there is not enough money to help people now.
All of this debt must be paid off in years to come, and that means that every South African, our children and our grandchildren will inherit the burden of paying off this debt.