Finance minister Enoch Godongwana sticks to his fiscal guns
Finance minister hits back at his critics, says borrowing will 'bump up' to mitigate against cuts
31 October 2023 - 06:15
Finance Minister Enoch Godongwana threw down the gauntlet to his critics this weekend, holding a tough line on public finances ahead of his presentation of the medium-term budget policy statement on Wednesday.
Godongwana has come under fire from civil society organisations and from within the ANC for his increasingly outspoken concern regarding the shrinking fiscal space presented by weak growth, ballooning public sector wages, and curtailed revenue because of poor performances at state-owned electricity and logistics giants Eskom and Transnet...
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