South Africa Fiscal Trends (Quarterly Report) - October 2015

National Government’s gross loan debt has shown a fairly strong uptrend over the past two to three years and it is anticipated that government debt will rise from 23% of GDP in 2009 to just more than 50% of GDP in 2017/2018. At end-June 2015, government’s gross loan debt amounted to 44% of GDP.

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