Tag: fiscal

South Africa’s fiscal policy framework on track: cabinet

South Africa's government is maintaining its fiscal policy framework and is taking "systematic interventions" to address the country's economic challenges in the wake of damaging ratings downgrades, the cabinet said on Thursday. "Government...

South Africa’s Gigaba says will make further budget cuts as recession bites

South Africa's Finance Minister Malusi Gigaba said on Thursday the Treasury was looking into possibilities for further cuts in government spending.

South African recession puts fiscal targets at risk: Treasury

South Africa's negative economic growth is a risk to fiscal targets.

Nigerian central bank head urges cooperation on monetary & fiscal policy

Nigeria's monetary and fiscal authorities must cooperate on their policies to help Africa's largest economy to develop, the central bank governor said, according to his spokesman. Central Bank Governor Godwin Emefiele made the...

S&P says concerned by South Africa's political tensions

S&P downgraded South Africa's local debt by one notch to BBB in December.

Angola's debt lower, but continued fiscal adjustment needed

Weaker oil prices in the last three years has constrained growth and put state finances under pressure.