Question NW3984 to the Minister of Finance
22 December 2023 - NW3984
Shaik Emam, Mr AM to ask the Minister of Finance
What is the total (a) local and (b) foreign debt owed by the three spheres of government and the state-owned companies?
Reply:
Table 3.8 from Chapter 3 of the MTBPS 2023 shows a projected national government’s gross debt. Gross debt is projected to reach R5.28 trillion by end of 2023/24. This debt is made up of domestic debt of R4.64 trillion and foreign denominated debt of R595.2 billion.
