Economic growth faces risks from public debt, state firm bailouts – IMF
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South Africa already owes more than 55% of it GDP to IMF.that why Ramaphosa is avoiding to borrow again instead raise the cost of leaving to pay up the debt and this freebies they providing.and majority of the citizens are beginning to understand that freebies are not free.
— sboniso shange (@sbonisoshange3) July 30, 2018
Bricks was a huge success President Xi of China assistance with bailout of Eskom and Transnet was a major success of for South Africa govt Western & America lending institutions like World Bank,IMF EU would have come up with stringent conditions for lawn, Bricks is the future.
— Enoch Mthembu (@EnochMthembu) July 29, 2018
Source: iol.co.za