SA economic recovery derailed by KZN floods- Godongwana
The economic recovery of the country was derailed by the floods in KwaZulu Natal. That was revealed by finance minister Enoch Godongwana who delivered his medium term budget policy statement in the National Assembly at the Cape Town City Hall yesterday. Government expects that the country’s debt-to-GDP ratio will stabilise at 71% this year, down from a previous projection of 74% in the February budget.