Presidency | South Africa 🇿🇦

@PresidencyZA ↗

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Last Checked June 13, 2021

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Thu Aug 27 13:55:23 +0000 2020

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Presidency | South Africa 🇿🇦 @PresidencyZA

President #Ramaphosa: If not addressed over the medium-term, the cost of servicing this debt will consume much of the savings accumulated in the economy each year. #RamaphosaQandA — PolitiTweet.org

Posted Aug. 27, 2020 Hibernated

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Presidency | South Africa 🇿🇦 @PresidencyZA

President #Ramaphosa: As a consequence of our decisive and absolutely necessary response to this pandemic, Government debt is expected to reach R3.9 trillion in 2020/21. This does not include the debt of state-owned companies. #RamaphosaQandA — PolitiTweet.org

Posted Aug. 27, 2020 Hibernated

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Presidency | South Africa 🇿🇦 @PresidencyZA

President #Ramaphosa: This would severely damage private investment and economic growth, reducing the revenues on which government spending plans depend. This could mean that spending programmes are overwhelmed by debt obligations. #RamaphosaQandA — PolitiTweet.org

Posted Aug. 27, 2020 Hibernated