South Africa to accelerate fiscal consolidation, reduce budget deficit
Pravin Gordhan
Cape Town - Xinhua
South African Finance Minister Pravin Gordhan delivers his national budget speech in Parliament in Cape Town, South Africa, on Feb. 24, 2016. South Africa will accelerate the pace of fiscal consolidation and reduce the budget deficit to 2.4 percent by 2018/19 against the background of slow growth, rising debt and higher interest rates, Finance Minister Pravin Gordhan said on Wednesday
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