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Here it is – The plan to save the South African economy
Finance Minister Tito Mboweni has detailed government’s strategy to save South Africa’s economy and avoid a sovereign debt crisis.
He explained in his Medium Term Budget Speech that the economy is predicted to decline by 7.8% this year.
Mboweni put forward a five-year fiscal consolidation plan that he said promotes economic growth bring South Africa’s ballooning debt under control.
Finance Minister Tito Mboweni has detailed government’s strategy to save South Africa’s economy and avoid a sovereign debt crisis.
He explained in his Medium Term Budget Speech that the economy is predicted to decline by 7.8% this year.
Mboweni put forward a five-year fiscal consolidation plan that he said promotes economic growth bring South Africa’s ballooning debt under control.