Budget 2025: Focus on enhancing the quality and quantity of SA’s infrastructure

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Tarryn Sankar, STANLIB Fixed Income Head of Credit and Investment Research, highlights three welcome measures in the Budget. First, there will be no new support for SOEs; instead, the focus is on direct support for infrastructure projects. Secondly, innovative funding mechanisms for infrastructure are prioritised and, encouragingly, consolidation of functions could materially shift the quality and quantity of delivery. Lastly, the Budget is unlikely to increase the risk of a ratings downgrade.

Any commentary or forecasts indicated in this document are for information purposes only and not guaranteed to occur. Additional information about products/funds is available on the Minimum Disclosure Document/Factsheets which can be obtained from the website (www.stanlib.com).

12 Mar English South Africa Investing · Business News

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