Fitch: Medium-term budget fails to show any clear path to halt SA’s debt slide
31 October 2019 - 14:43
Credit ratings agency Fitch said on Thursday that the government has failed to outline a clear path to stabilise the country’s debt-to-GDP ratio in the medium-term budget policy statement (MTBPS).
The ratings agency already has SA at sub-investment grade, on BB+, and revised its outlook to negative in July...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.