Assessments
South Africa's Grim Economic Reality Shrinks Its Budget Aspirations
Unemployed builders, tilers and plumbers seeking employment stand on the side of a road in Johannesburg soliciting for jobs. The government has revised South Africa's already grim economic outlook downward in its budget review for the 2020 fiscal year.
(GUILLEM SARTORIO/AFP via Getty Images)
South Africa’s newest budget review paints a bleak picture for the country’s economy over the next three years. The budget plan for the 2020 fiscal year, unveiled Feb. 26, projects economic growth over the next three years of just 0.9 percent, 1.3 percent and 1.6 percent, respectively – and this...
TO READ THE FULL ARTICLE
Preview Some FREE Worldview Articles Below:
Free Coronavirus Articles
• What a Coronavirus Crisis Means for Europe
• The Global Impact of the Wuhan Coronavirus: 3 Scenarios
• Measuring the Impact of the Coronavirus Outbreak
• The Global Impact of the Wuhan Coronavirus: 3 Scenarios
• Measuring the Impact of the Coronavirus Outbreak
Free Geopolitical Articles
Connected Content
Regions & Countries
Copyright © Stratfor Enterprises, LLC. All rights reserved.
