Ramaphosa says natural disasters are affecting the country's public finances

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Ramaphosa says natural disasters are affecting the country's public finances
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Writing in his newsletter on Monday, Ramaphosa says disasters on one hand affect economic growth and lower tax revenues.

JOHANNESBURG - President Cyril Ramaphosa says the increasing frequency of natural disasters is having a serious impact on the country's public finances.

But in an effort to find solutions and protect the country in the face of climate change, the National Treasury will host a symposium this week on financing the country’s climate response. He says the National Treasury's symposium this will be in partnership with the Presidential Climate Commission.

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