What to look out for in the medium-term budget policy statement
Godongwana will need to focus on fiscal consolidation and growth stimulation. The medium-term budget is expected to outline some of government’s plans for Eskom’s debt, SRD grant and public sector wages
20 October 2022 - 19:40
Finance minister Enoch Godongwana is set to present the 2022 medium-term budget policy statement (MTBPS) on October 26. It is forecast to have a main budget deficit outcome for the current fiscal year of R317bn (4.7% of GDP), mainly due to improved revenue collections, despite slightly higher projections for public sector compensation.
Here is what to look out for in the medium-term budget ..
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