South African Finance Minister Enoch Godongwana will be in a cheerful mood when he delivers the Medium-Term Budget Policy Statement (MTBPS) on 30th October; the budget deficit has narrowed and the government’s borrowing costs have fallen sharply.
Even so, investors will be closely watching for signs that the new Government of National Unity is really committed to fiscal consolidation. Will Minister Godongwana deliver?
Join our Africa and Markets economists for this special 20-minute briefing shortly after the MTBPS is announced to get your questions answered and learn about key budget issues, including:
- Whether the recent improvement in the budget position is sustainable;
- What the fiscal plans imply for the outlook for South Africa’s economy and financial markets;
- The extent to which South Africa’s fiscal outlook could be threatened by coalition politics.
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