The recommendations call for stricter spending controls, improved governance, and greater administrative efficiency.

Speaking at the launch of the OECD’s Economic Survey of SA in Johannesburg, Sarupen welcomed the report’s findings, noting that the recommendations align closely with the country’s ongoing reform agenda.

Among the key suggestions was the need to reform State-Owned Entities (SOEs) in order to reduce the burden of fiscal transfers on the national budget.

Sarupen stressed that government is actively consulting on the introduction of a formal fiscal anchor to address recurring issues of high spending, persistent deficits and rising public debt.

“We find strong alignment between our national reform agenda and the OECD Survey's five priority recommendations for SA,” said Sarupen.

These include enhancing fiscal sustainability while promoting inclusive growth, maintaining low and stable inflation, expanding job creation and workforce integration, enabling a just climate transition, and reforming the electricity sector.

--SABC/ChannelAfrica--