South Africa Nears Fiscal Turning Point, Treasury Chief Says
South Africa’s budget will show government debt stabilizing relative to gross domestic product for the first time in almost 20 years, said the head of the National Treasury. It will...
By Prinesha Naidoo, Enzokuhle Sabela · Bloomberg Markets
South Africa’s budget will show government debt stabilizing relative to gross domestic product for the first time in almost 20 years, said the head of the National Treasury. It will also show a third straight primary surplus, supporting fiscal credibility and economic-growth prospects.