Budget will not offset South Africa junk rating risk
Core issues driving the country's downgrade trajectory, such as high spending and insufficient revenue, will persist
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In this article
- Cutting costs?
- Debt dilemma
- Raising revenue
- State enterprises
- Priority programmes
- Gordhan's gripes
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_350.jpg "SFinance Minister Pravin Gordhan delivers his 2016 budget address at Parliament in Cape Town (Reuters/Mike Hutchings)")