Treasury flags economic risks

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Parliament Independent Newspapers Parliament in Cape Town. Photo: Matthew Jordaan

Cape Town - South Africa's debt levels are manageable although the government's wage bill and ongoing economic uncertainty present risks to financial sustainability, the National Treasury said on Wednesday.

In its Annual Performance Plan 2014/18 document tabled in parliament, the Treasury said a deterioration in the economic outlook of Africa's most advanced economy would require the government to consider additional expenditure and revenue measures. - Reuters



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