DStv Channel 403 Saturday, 23 November 2024

Medium-Term Budget | Finance minister faces fiscal mountain

Gondongwana faces fiscal mountain

 JOHANNESBURG - Finance Minister, Enoch Godongwana, will deliver his medium-term budget policy statement on Wednesday. 

He's expected to outline government's policy goals and macroeconomic forecasts for the next three years.

READ: Budget speech 2024 | Government boosts taxes and social spending

It comes after the first interest rate cut in four years, with hopes of it being the beginning of a rate-cutting cycle.

Inflation is also easing, but economist, Iraj Abedian, says the Minister still has a mountain to climb.

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