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OECD Urges South Africa to Raise Taxes, Sell State Firms

With the state’s wage bill accounting for about a third of government spending, future pay increases should be more fiscally sustainable and linked to increased efficiency or economy-wide productivity, the OECD said. Increasing productivity, which would require improving transport infrastructure, electricity generation capacity and telecommunication networks, reducing barriers to competition and broadening access to higher education and quality health care, is key to lifting living standards, it added.     

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