SA set for modest growth but fiscal position is still challenging, says Absa
Bank forecasts real GDP growth of 0.7% in 2023 and revenue shortfall rising to R39bn from R25bn previously
07 August 2023 - 19:45
SA is on track for modest growth in the second quarter despite load-shedding rising sharply, says Absa bank.
But it warned that the outlook for public finances remain fragile, pointing to low revenue collection and weaker commodity prices...
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