Business for SA has warned that the government will be unable to fund the budget from domestic savings over the next three years, making it necessary for the country to raise a far larger portion of capital in foreign markets.
The warning comes as finance minister Tito Mboweni prepares to table a supplementary budget in parliament on Wednesday, made necessary by additional spending because of the Covid pandemic and a dramatic collapse of tax revenue.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오: