Director-General in the National Treasury Dondo Mogajane told MPs the fiscus was under severe strain and the billions given to SOEs were affecting the public purse.
The government has spent billions of rand to rescue Eskom, the SABC, Denel and SAA. Finance Minister Tito Mboweni announced that they would appoint chief restructuring officers in these entities that had been given billions of rand in bailouts.
Mogajane said the government had been struggling to stabilise debt and was paying more than R200 billion in service costs.
“In stabilising debt and deficit there are other factors.