# Deputy minister of Finance, David Masondo, says that to place South Africa’s economy on a sustainable footing, government continues to pursue economic and fiscal reforms, such as debt sustainability. In 2025/2026, government debt is projected to stabilise at 77.4-percent of gross domestic product. Masondo says that as debt-service costs decline, some of the savings may be used to build fiscal buffers and to invest in productive infrastructure. He adds that infrastructure improvements have the potential to reduce the cost of doing business and are thus positive for economic growth.
Deputy Finance minister says government is continuing to pursue economic and fiscal reforms