… SSS weighs in on 2018 economic outlook
By Hilary Mare
SIMONIS and Storm Securities (SSS) has offered a full macroeconomic outlook for 2018, noting vehemently that it remains worrisome that the debt growth level is projected to rise above the economic growth rate.
Government public debt is expected to hover around 44 percent of Gross Domestic Product (GDP) over the Medium-Term Expenditure Framework (MTEF), compared to the 37.7 percent previously forecasted over the period.
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