News

SA economic recovery derailed by KZN floods- Godongwana

todayOctober 27, 2022 28

Background
share close

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.

Written by: Keenan Williams

Rate it

Previous post

News

President Ramaphosa to host Spanish prime minister in Pretoria today

President Cyril Ramaphosa will be hosting the prime minister of Spain on his official state visit to Pretoria. The prime minister will be accompanied by the Spanish Minister for Industry, Trade and Tourism and a business delegation. The visit to South Africa will solidify the already strong relations between South Africa and Spain.

todayOctober 27, 2022 156


0%