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South Africa: Quick Explainer - Government Debt and Why It Matters

Summary by allAfrica

Minister of Finance Enoch Godongwana reminded everyone during his budget speech in March: South Africa is spending more than 22c of every rand raised in taxes just to pay interest on government debt.

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South Africa: Quick Explainer - Government Debt and Why It Matters

Minister of Finance Enoch Godongwana reminded everyone during his budget speech in March: South Africa is spending more than 22c of every rand raised in taxes just to pay interest on government debt.

2 days ago·South Africa

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Quick explainer: government debt and why it matters

3 days ago

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GroundUp News broke the news in 3 days ago on Tuesday, April 1, 2025.

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