South Africa: Unprecedented COVID-19 Emergency Budget to Avoid Debt Crisis

[Daily Maverick] A debt-to-GDP of 80.5%, or some 20% worse than just four months ago, and economic contraction of 7.1%. That's set to be confirmed on Wednesday when Finance Minister Tito Mboweni tables the Covid-19 emergency Budget. The question is whether anyone's listening to warnings that South Africa must cut its suit according to its cloth.