The medium-term budget delivered a huge revenue overrun but, even so, the improvement in the debt trajectory surprised many – as did some shifts in Treasury’s stance on spending. Growth, however, remains the elusive ingredient, writes ClaireBisseker.
The medium-term budget delivered a huge revenue overrun but, even so, the improvement in the debt trajectory surprised many — as did some shifts in the Treasury’s stance on spending. Growth, however, remains the elusive ingredientThe markets loved the medium-term budget.
This was the main positive surprise of the day — the National Treasury’s new projection that SA’s debt ratio will peak at 71.4% of GDP this year and then begin to fall, even if the global environment worsens significantly and commodity prices continue to wane...If you have already registered or subscribed, please sign in to continue.
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Enoch Godongwana’s three budget surprisesThe medium-term budget delivered a huge revenue overrun but, even so, the improvement in the debt trajectory surprised many – as did some shifts in Treasury’s stance on spending. Growth, however, remains the elusive ingredient, writes ClaireBisseker.
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SA’s large unlisted businesses cautiously optimistic about growthAs COVID-19 restrictions recede and the damage of the July 2021 unrest is managed, South Africa’s large unlisted business segment is well-placed to leverage opportunities in the domestic, regional, and global economy.
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SA’s large unlisted businesses cautiously optimistic about growthAs COVID-19 restrictions recede and the damage of the July 2021 unrest is managed, South Africa’s large unlisted business segment is well-placed to leverage opportunities in the domestic, regional, and global economy.
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