Skip to main content

New South African finance minister: Budget may not stave off downgrades

CAPE TOWN (Reuters) - South Africa's incoming Finance Minister Nhlanhla Nene said on Tuesday that the budget tabled by his predecessor last week might not prevent further credit ratings downgrades, casting doubt on hopes it would help reduce a large national debt pile.


from Reuters: World News http://ift.tt/2F9PnaA

Comments

Popular posts from this blog

Listen to the World

By Unknown Author from NYT Magazine https://ift.tt/2xDWFgZ

Senior Chinese diplomat says warmly welcomes inter-Korean summit

China strongly supports and warmly welcomes the agreement reached by the two Koreas at their summit in Pyongyang, and believes that the opportunity for peace should not be lost again, the Chinese government's top diplomat said on Thursday. from Reuters: World News https://ift.tt/2xpGF2W