Some like and some hate ‘pragmatic’ GNU medium-term budget
The MTBPS is a stark reminder of the depths of the fiscal problems the Treasury is seeking to recover from
31 October 2024 - 12:19
Business Unity SA (Busa), the country’s largest federation of business organisations, has commended as “robust and credible” the medium-term budget policy statement (MTBPS) that finance minister Enoch Godongwana tabled in parliament on Wednesday.
In the MTBPS, debt will peak at a slightly higher level, at 75.5% of GDP, or R6-trillion, though this will still start to decline from 2026/27. ..
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