The implications of the coronavirus (COVID-19) pandemic on the South Africa budget balance is expected to be drastic. As of June 2020, the budget deficit was revised down to **** percent of the GDP, considering the virus outbreak will persist till the end of the year. Before COVID-19, the deficit was projected at *** percent of the GDP. Moreover, in the worst-case scenario, the deficit for 2021 was reviewed to **** percent, whereas the projection for the same year was at *** percent before the outbreak.
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AfDB. (June 1, 2020). Impact of coronavirus (COVID-19) on projected budget balance in South Africa in 2020 and 2021 [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 04, 2026, from /statistics/1169851/impact-of-covid-19-on-projected-budget-balance-in-south-africa/
AfDB. "Impact of coronavirus (COVID-19) on projected budget balance in South Africa in 2020 and 2021." Chart. June 1, 2020. ÌÇÐÄÆÆ½â°æ. Accessed August 04, 2026. /statistics/1169851/impact-of-covid-19-on-projected-budget-balance-in-south-africa/
AfDB. (2020). Impact of coronavirus (COVID-19) on projected budget balance in South Africa in 2020 and 2021. ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 04, 2026. /statistics/1169851/impact-of-covid-19-on-projected-budget-balance-in-south-africa/
AfDB. "Impact of Coronavirus (Covid-19) on Projected Budget Balance in South Africa in 2020 and 2021." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 1 Jun 2020, /statistics/1169851/impact-of-covid-19-on-projected-budget-balance-in-south-africa/
AfDB, Impact of coronavirus (COVID-19) on projected budget balance in South Africa in 2020 and 2021 ÌÇÐÄÆÆ½â°æ, /statistics/1169851/impact-of-covid-19-on-projected-budget-balance-in-south-africa/ (last visited August 04, 2026)
Impact of coronavirus (COVID-19) on projected budget balance in South Africa in 2020 and 2021 [Graph], AfDB, June 1, 2020. [Online]. Available: /statistics/1169851/impact-of-covid-19-on-projected-budget-balance-in-south-africa/