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South Africa Sees Debt Topping 100% of GDP in 2025
By and
Updated on
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Gross debt seen rising to 80.5% of GDP this fiscal year
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Mboweni warned lawmakers of sovereign debt crisis this week
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South Africa’s debt levels will exceed 100% of gross domestic product in 2025 and rise to almost 114% before the end of the decade, according to a document presented by Finance Minister Tito Mboweni and seen by Bloomberg.
