JOHANNESBURG, Feb 26 (Reuters) – The lower deficits unveiled
in South Africa’s budget this week are unlikely to prevent debt
from rising, ratings agency Moody’s said in a research report
sent to reporters on Friday, adding that downside risks remained
“Risks remain elevated that the government’s debt burden and
affordability deteriorate significantly more rapidly than our
baseline,” Moody’s said.
(Reporting by Alexander Winning; editing by Mfuneko Toyana)
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