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?
Our Africa and Markets economists held this special online briefing shortly after the MTBPS to answer client questions and discuss key budget issues.
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