What to expect from the mid-term Budget this week.
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Finance minister Enoch Godongwana will present the Medium Term Budget Policy Statement (MTBPS) on Wednesday (26 October). Several bodies expect it to address critical factors surrounding fiscal and economic sustainability in South Africa.
The extreme global and domestic macroeconomic volatility in recent years has resulted in significant adjustments to the outlook for public finances from one fiscal statement to the next – and this week’s MTBPS is likely to follow this trend, said the Bureau for Economic Research (BER).
The extreme global and domestic macroeconomic volatility in recent years has resulted in significant adjustments to the outlook for public finances from one fiscal statement to the next – and this week’s MTBPS is likely to follow this trend, said the Bureau for Economic Research (BER).
