The most consequential decision facing the Finance Minister is a solution to reduce Eskom’s more than R390 billion debt. That’s according to Alexander Forbes’ chief economist, Isaah Mhlanga.
The Medium Term Budget Policy Statement will be presented next week.
Mhlanga says the debt relief is widely expected to be in the region of R200 billion.Another big decision the Finance Minister faces is what to do with the social relief of distress grant, given the pressures of the rising cost of living amid the high unemployment rate.The Medium Term Budget Policy Statement will be tabled under a challenging economic environment, characterised by […]
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