Expectations: Medium-Term Budget Policy Statement

161 views · Published 24 October 2018 · 7:55 · Indexed 20 September 2026

Channel: SABC News · 2018 · News & Politics

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Today is a big day for Newly-appointed Finance Minister Tito Mboweni as is expected to focus on how government will balance increasing spending pressure against low revenue in a weak economic environment when he delivers the medium-term budget policy statement. He will announce government's priorities and budget adjustments. Government will have to put emphasis on continued fiscal consolidation while making the provision of funds to kick-start the economy its priority. For what we can expect from the statement, we cross to our reporter, Arabile Gumede in Parliament.

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