We will not Sell-Out by Phasing Out: African Negotiators Urged to Fight for Africa
For 2024: Should Africa De-Link From The West To Settle The Past Injustices?
The Shadow Masters: Cabals and the Whispered Governance of Nigeria
We view the government’s forecast of gross loan debt rising to 81.8% of GDP in FY21, much higher than the 65.6% in the original budget, as realistic. However, we believe its expectation that debt will peak at 87.4% in FY24 is optimistic. This would require sufficient fiscal consolidation to achieve a primary budget surplus in that year, which would be South Africa’s first since 2008, towards the end of the commodity boom.
The post South Africa unlikely to sort out its debt in four years – Fitch. appeared first on CNBC Africa.
Source : African Media Agency (AMA)