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Austerity measures will rein in South Africa's growing debt – The Mail & Guardian

Accumulated gross debt is expected to stabilise at R6.2 trillion or 74% of GDP by 2026. The annual cost of servicing this deb in that year will be R440 billion ....

South Africa , South Africans , Cyril Ramaphosa , Foreign Exchange Contingency Reserve Account , President Cyril Ramaphosa ,