South Africa to introduce binding fiscal rule by October to curb debt

South Africa to introduce binding fiscal rule by October to curb debt

South Africa plans binding fiscal anchor to curb rising debt, replace numerical limits, ensure sustainable budgets by October.
Published on

Key topics:

  • South Africa plans binding, principle-based fiscal anchor

  • Debt-to-GDP surge drives push for sustainability rule

  • October mid-term budget to outline legal framework

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By Alister Bull

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