Colen Garrow Quotes

Fiscal relief may be the ammunition necessary to drive consumption expenditure but with it not being accompanied by aggressive monetary relief, growth in household consumption expenditure is showing signs of consolidation.

- Colen Garrow

Tags

Fiscal | Relief | Ammunition | Drive | Consumption |

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This has, however, since been replaced by a cycle of higher trending growth, underpinned by record confidence; the lowest consumer interest rates since 1983; almost R89bn in personal income tax cuts since 1995; and generally sound macroeconomic, monetary and fiscal stability. - Colen Garrow

While an environment in which the rand remains strong is always appropriate for something more creative, the National Treasury is unlikely to deviate from its consistent path of removing exchange controls gradually. - Colen Garrow

The stance the committee has taken probably provides a useful reminder that the easier interest-rate cycle has bottomed. - Colen Garrow