Latest Treasury data paints a grim picture for Godongwana’s MTBPS
Budget deficit soars to R14.6bn in September from R3.3bn a year earlier, taking the gap in the first six months of the fiscal year to R253bn
31 October 2023 - 16:50
The National Treasury’s most recent budget data lays bare the cold, hard reality facing finance minister Enoch Godongwana as he prepares to deliver the medium-term budget policy statement (MTBPS).
The country is in a precarious fiscal position that requires urgent attention, while surveys show that support for the governing ANC could well fall below 50% in the general elections scheduled for 2024...
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