South Africa's Finances is very bad

Finance

An episode of the AGRI NEWS NET podcast, hosted by CRA GROUP, titled "South Africa's Finances is very bad" was published on September 21, 2023 and runs 3 minutes.

September 21, 2023 ·3m · AGRI NEWS NET

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Summary

The national debt of South Africa was forecast to continuously increase between 2023 and 2028 by in total 167.1 billion U.S. dollars (+59.63 percent). The national debt is estimated to amount to 447.36 billion U.S. dollars in 2028. As defined by the International Monetary Fund, the general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. Hosted on Acast. See acast.com/privacy for more information.

Episode Description

The national debt of South Africa was forecast to continuously increase between 2023 and 2028 by in total 167.1 billion U.S. dollars (+59.63 percent). The national debt is estimated to amount to 447.36 billion U.S. dollars in 2028. As defined by the International Monetary Fund, the general government gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future.

Hosted on Acast. See acast.com/privacy for more information.

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