Cape Town - All eyes will be on government’s ability to stay the course on sound fiscal management in the upcoming national budget to be tabled by National Treasury on February 22, Sanisha Packirisamy, economist at Momentum Investments, said on Tuesday.
"Sound fiscal management and commitment to reform are necessary to allay rating agencies’ fears of political interference," she emphasised.
"With many indicators of economic development in SA falling short of its debt peer group, broad political or institutional stability and macro policy continuity remain key in preserving SA’s investment grade status."