#Budget2019: What a Moody’s downgrade will mean for SA

PUBLISHED: Wed, 20 Feb 2019 14:33:24 GMT

With South Africa’s debt-to-GDP ratio increasing and breaching its fiscal deficit ceiling will Moody’s downgrade it to junk? Lesetja Kganyago, Governor of the South African Reserve Bank explained what a downgrade to junk would mean.

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