Setting the scene for SA’s budget, Zambia’s rate hike
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Setting the scene for SA’s budget, Zambia’s rate hike

19 February 2021
Virag Forizs Emerging Markets Economist
19 February 2021
South Africa’s budget speech next Wednesday will be closely watched for any changes in the government’s fiscal consolidation plans - any signs that officials are wavering on austerity could trigger a backlash in the bond market. Meanwhile, we doubt that Zambia’s rate hike this week will be followed by a wave of monetary tightening across Sub-Saharan Africa.
Africa
Bonds
Virag Forizs Emerging Markets Economist
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Virag Forizs Emerging Markets Economist

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