Godongwana’s Budget Fuels Fiery Political Showdown

SHOWDOWN: Finance Minister Enoch Godongwana's Medium-Term Budget Policy Statement (MTBPS) has fueled a political showdown with mixed reactions from political parties and the private sector. Photo: GCIS

Finance Minister Enoch Godongwana on Wednesday delivered a Medium-Term Budget Policy Statement (MTBPS), calling for collective discipline to stabilise public finances while ensuring the protection of South Africa’s most vulnerable citizens. The Minister said that after years of fiscal strain, South Africa’s debt will finally stabilise at 77.9% of GDP this year and begin to… Continue reading Godongwana’s Budget Fuels Fiery Political Showdown

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