# Government says it remains committed to sound public finances and implementing structural reforms that will support higher and more inclusive economic growth and underpin investor confidence. National Treasury Director-General, Duncan Pieterse, says improved sovereign credit ratings help to lower borrowing costs for government, businesses and households and have tangible benefits for ordinary people. He says South Africa still has some way to go to regain its investment grade credit rating but for the first time in more than a decade the country is seeing a clear turnaround in the downward ratings trend.
Government remains committed to sound public finances