Finance Minister Enoch Godongwana tabling his maiden Medium-Term Budget Policy Statement (MTBPS) in the National Assembly. Picture: GCIS National Treasury has provided no additional funding in this year’s Medium-Term Budget Policy Statement (MTBPS) for the country’s embattled state-owned enterprises (SOEs).
This was announced by Finance Minister Enoch Godongwana on Thursday in the National Assembly during the tabling of his maiden MTBPS.
“The exception to this is where guarantees have been called by creditors and conditions have been met by the SOEs in question, within the context of their strategic importance,” Godongwana said.He said SOEs, which are intended to be key enablers […]
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