{"id":10846,"date":"2021-05-22T17:38:43","date_gmt":"2021-05-22T17:38:43","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/?p=10846"},"modified":"2021-05-22T16:28:06","modified_gmt":"2021-05-22T16:28:06","slug":"treasury-working-on-key-issues-as-rating-agencies-keep-sas-rating-unchanged","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/treasury-working-on-key-issues-as-rating-agencies-keep-sas-rating-unchanged","title":{"rendered":"Treasury working on key issues as rating agencies keep SA\u2019s rating unchanged"},"content":{"rendered":"

Africa-Press<\/a> – South-Africa<\/a>. <\/strong><\/span>The National Treasury has noted the reviews by the rating agencies, saying the government was working on some of the key issues.<\/p>\n

The agencies had noted the issue of debt stabilisation and the wage bill.<\/p>\n

Standard & Poor\u2019s and Fitch have kept South Africa\u2019s credit rating unchanged at below investment levels.<\/p>\n

National Treasury said it was committed to growing the economy and implementing structural reforms in the economy.<\/p>\n

\u201cGovernment acknowledges the pressures the country\u2019s credit ratings face and remains committed to addressing them. Additionally, government is aware that it needs to fast-track growth-enhancing strategies.<\/p>\n

\u2019\u2019Operation Vulindlela is a key initiative in this regard and demonstrates government\u2019s commitment to fast-tracking the implementation of critical reforms that raise economic growth and improve fiscal sustainability,\u201d said the National Treasury in a statement.<\/p>\n

\u201cRating agencies have indicated that South Africa\u2019s rating strengths include a credible central bank, a flexible exchange rate, an actively traded currency, deep capital markets as well as a favourable debt structure (low share of foreign currency debt) with long maturities, which should help counterbalance low economic growth and fiscal pressures.\u201d<\/p>\n

Political Bureau<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. The National Treasury has noted the reviews by the rating agencies, saying the government was working on some of the key issues. The agencies had noted the issue of debt stabilisation and the wage bill. Standard & Poor\u2019s and Fitch have kept South Africa\u2019s credit rating unchanged at below investment levels. National […]<\/p>\n","protected":false},"author":84,"featured_media":10845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,12],"tags":[274,315,275],"class_list":["post-10846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-policy","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nTreasury working on key issues as rating agencies keep SA\u2019s rating unchanged - South Africa<\/title>\n<meta name=\"description\" content=\"The National Treasury has noted the reviews by the rating agencies, saying the government was working on some of the key ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/treasury-working-on-key-issues-as-rating-agencies-keep-sas-rating-unchanged\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Treasury working on key issues as rating agencies keep SA\u2019s rating unchanged\" \/>\n<meta property=\"og:description\" content=\"The National Treasury has noted the reviews by the rating agencies, saying the government was working on some of the key ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/treasury-working-on-key-issues-as-rating-agencies-keep-sas-rating-unchanged\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-22T17:38:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-60a930e43d064.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"405\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/treasury-working-on-key-issues-as-rating-agencies-keep-sas-rating-unchanged#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/treasury-working-on-key-issues-as-rating-agencies-keep-sas-rating-unchanged\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Treasury working on key issues as rating agencies keep SA\u2019s rating unchanged\",\"datePublished\":\"2021-05-22T17:38:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/treasury-working-on-key-issues-as-rating-agencies-keep-sas-rating-unchanged\"},\"wordCount\":203,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/treasury-working-on-key-issues-as-rating-agencies-keep-sas-rating-unchanged#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2021\/05\/img-60a930e43d064.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"homepage-english\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/treasury-working-on-key-issues-as-rating-agencies-keep-sas-rating-unchanged#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/treasury-working-on-key-issues-as-rating-agencies-keep-sas-rating-unchanged\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/treasury-working-on-key-issues-as-rating-agencies-keep-sas-rating-unchanged\",\"name\":\"Treasury working on key issues as rating agencies keep SA\u2019s rating unchanged - 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