South Africa records budget deficit of 13.11 billion rand in March

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South Africa records budget deficit of 13.11 billion rand in March

3:12 CAT | 30 Apr 2025

FILE- The Hillbrow Tower, an iconic tower used to identify Johannesburg's skyline, is seen as the sun sets, in Johannesburg, South Africa, October 18, 2023. [File photo: Reuters/Siphiwe Sibeko]

South Africa recorded a budget deficit of 13.11 billion rand ($704 million) in March, compared with a surplus of 3.36 billion rand in the same month last year, National Treasury data showed on Wednesday.

($1 = 18.6237 rand)

Source: Reuters