The projected economic growth trajectory remains insufficient to address structural unemployment
The growth outlook is insufficient to alter unemployment dynamics, some argued
In his third prepared budget for the year, the minister said government debt would still stabilise this year but at 77.4% of GDP, higher than predicted in March
South Africa’s debt-to-GDP ratio must drop below 60%, meaning some conditions have to be met – and ensuring state-owned enterprises are effective is a priority
Analysts have highlighted the inability to prosecute key perpetrators of corruption as the country slip down the global Corruption Perception Index