South Africa's Sustainable Fiscal Policy Ensures Economic Stability and Growth
The South African government has been managing its finances well since 1946 by adjusting its spending in response to changes in debt levels. Different methods were used to analyze this, and it was found that the government reduces deficits or increases surpluses when debt rises. This helps ensure that the country's debt remains sustainable over time. Looking ahead, these methods can be used to predict future debt levels and assess the likelihood of meeting policy goals through simulations and charts.