Fiscal Consolidation Will Be Slow In Coming
Country Risk / South Africa / Mon 20 Mar, 2017
Fiscal consolidation in South Africa will continue to be stymied by sluggish economic growth and political pressure to overspend in the coming years. While the deficit is likely to narrow in the upcoming budget cycle, it will not hit the government's targets.
Fiscal consolidation will continue in South Africa in the years ahead, albeit at a more