THE BIG READ

Low growth is toxic to SA’s battle over debt

Long-promised reforms vital for fiscal credibility

21 February 2021 - 00:07 By HILARY JOFFE

If other countries can borrow up a storm, why can’t SA?

It’s a question many will be asking as countries such as the US look to pile on yet more borrowing to stimulate their economies out of pandemic-induced recessions, taking their government debt ratios to levels that make even SA’s scariest projections look relatively modest...

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