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Deputy FinMin: SA Committed to Fiscal Consolidation & Growth

SOUTH AFRICA

Deputy FinMin Masondo:

  • SA is committed to consolidating debt & fostering growth amid pressure to boost university funding (R10bn debt forgiveness requested) and boost civil servant wages at CPI+4% - both affordable requests
  • Masondo says everything must be funded through the current fiscal framework with unavoidable funding pressures being financed through reprioritisations
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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