IMF Expects South Africa to Maintain Budget Surplus Target and Control Wage Bill

The International Monetary Fund anticipates South Africa's Finance Minister Godongwana will uphold the 1.5% GDP budget surplus target, emphasizing the importance of controlling the public sector wage bill and implementing early retirement incentives.

24 Feb, 16:00 — 24 Feb, 16:00

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IMF expects Godongwana to maintain budget surplus target of 1.5% of GDP

The global lender said controlling the public sector wage bill would be critical and commended the government’s plans to address inefficiencies and provide incentives for early retirement

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IMF Expects South Africa to Maintain Budget Surplus Target and Control Wage Bill

Read at source (1 outlet)

IMF expects Godongwana to maintain budget surplus target of 1.5% of GDP

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