# Business Leadership South Africa says the risk of fiscal calamity has receded, giving investors greater confidence to put their money at risk and back the country for the long term. In the Medium-Term Budget Policy Statement, Treasury reported that debt-to-gross domestic product had stabilised at 78.4-percent in 2025/2026 and is now projected to decline. BLSA CEO Busisiwe Mavuso says that while growth is the point of sound fiscal management, it is a means to a more important end: ensuring citizens have access to good jobs and can live good lives.
Business Leadership SA says Treasury’s success in getting spending under control is only half the battle