South Africa trapped in a vicious financial cycle
South Africa is trapped in a vicious cycle of low economic growth, rising debt, and increasing pressure on a strained tax base, with experts warning that without fiscal consolidation and a return to growth, a severe financial crisis looms.
South Africa is trapped in a vicious cycle of low economic growth, rising debt, and increasing pressure on a strained tax base, with experts warning that without fiscal consolidation and a return to growth, a severe financial crisis looms.
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