Mid-Term Budget to give an idea of govt’s revenue expectations

Mid-Term Budget to give an idea of govt’s revenue expectations

The Medium Term Budget Policy Statement (MTBPS) will give South Africans an idea of the government’s revenue expectations and its planned expenditure over the next three years.

There are competing imperatives that the government has to weigh on how it spends.

State-Owned-Enterprises continue to need support, there are growing calls for the government to implement a Basic Income Grant and, very topical at the moment, is how much the government can afford to pay public service workers.Just like a household, the government has a finite budget, it needs to decide on what prerogatives it’s going to spend money on and how […]

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