Old Mutual Wealth Group economists yesterday, unpacked their expectations for the Budget to be presented by the finance minister next week. Picture: Karen Sandison/African News Agency(ANA) SOUTH Africa’s Budget could reach a primary surplus by 2024/25, as per National Treasury’s goal, if the government manages an “unflinching” commitment to fiscal consolidation.
This was the view of Old Mutual Wealth Group economists yesterday, as they unpacked their expectations for the Budget to be presented by the finance minister next week.
Currently, the consolidated Budget deficit is expected to be 7.8 percent of gross domestic product (GDP) in 2021/22, gradually lowering to 4.9 […]
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