South African budget will reassure markets -- for now
The prudent budget stance could deflect credit rating downgrades, but will be hard to implement
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In this article
- Revenue shortfall
- Deficit
- Fiscal consolidation
- Spending ceilings
- Public wages
- Taxes
- VAT
- Wealth tax
- Public debt
- Social spending
- State enterprises
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_350.jpg "Nene takes part in a discussion during the World Bank/IMF Annual Meeting in Washington (Reuters/Joshua Roberts)")