The Medium-Term Budget Policy Statement forecasts an average GDP growth of 1.8% for South Africa from 2025 to 2027, surpassing the IMF’s 1.5%.
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The annual Medium-Term Budget Policy Statement (MTBPS) announcement in October is an important event at which the National Treasury offers insights into the health of the public purse.v
The Medium-Term Budget Policy Statement forecasts an average GDP growth of 1.8% for South Africa from 2025 to 2027, surpassing the IMF’s 1.5%.
The 2024 MTBPS was broadly aligned with the GNU’s overarching commitment to higher inclusive economic growth and job creation.
Finance Minister Enoch Godongwana announced that the Treasury has no funds available to bail out the South African Post Office (SAPO), directing it to...
The markets have spoken and the Medium-Term Budget Policy Statement delivered by Finance Minister Enoch Godongwana disappointed, but was not a...
Among those who will keep a close watch on today’s Medium Term Budget Policy Statement (MTBPS) is the brains trust of the South African defence...
The South African National Defence Force (SANDF) has been allocated an additional R3.6 billion in the latest ‘mini budget’ tabled on Wednesday,...
By its own admission and not entirely its own fault, the SA Navy (SAN) fell woefully short of its planned time at sea in the 2023/24 financial year,...
The South African Democratic Teachers Union (SADTU) has voiced strong disappointment in Finance Minister Enoch Godongwana’s medium-term budget...
Opposition parties have expressed disappointment with the recent Medium-Term Budget Policy Statement (MTBPS), criticizing it for not addressing the...