Finance Minister Enoch Godongwana speaks during his medium-term budget policy statement in Cape Town on Wednesday The medium term budget (MTB), outlined in parliament on Wednesday by finance minister Enoch Godongwana, did not occasion much excitement even though it is reason for moderate optimism.
SA has moved away from the fiscal abyss with higher than anticipated revenue collection and better than expected deficit and debt figures.
Aside from debt repayments, the government’s income is enough to cover planned expenditure for the first time in 15 years.This should translate into gains for citizens. Though Godongwana plans to use much of the additional […]
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