SA’s macroeconomic prospects are looking healthier: Kganyago
Now there is increasing conviction that South Africa’s debt has peaked already and the debt-to-GDP ratio will improve over the next few years.
Reserve Bank Governor Lesetja Kganyago has emphasised that despite global volatility and uncertainty South Africa’s macroeconomic prospects are looking healthier after years of underperformance, rising debt and high inflation.“We expect inflation to slow significantly next year, and we have increased our policy rate to make sure we get back to 3%.
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