Teneo-Europe-Report

February 24, 2020

SOUTH AFRICA: Mboweni’s do-or-die budget

BY Anne Frühauf

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( 6 mins) ● Expectations ahead of the budget presentation on 26 February are largely pessimistic in the context of deteriorating economic growth and skyrocketing public debt. ● Finance Minister Tito Mboweni will try – against all odds – to avert the loss of South Africa’s final investment-grade credit rating. ● Yet no real fiscal improvements are expected […]

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