Enoch Godongwana’s three budget surprises

United States News News

Enoch Godongwana’s three budget surprises
United States Latest News,United States Headlines
  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FinancialMail /  🏆 20. in ZA

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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.
Read more »

Gaming, metaverse drive AR/VR growth - IT-OnlineGaming, metaverse drive AR/VR growth - IT-OnlineGaming technology will serve as the biggest driving force for the metaverse’s evolution in the near term as augmented reality (AR) and virtual reality (VR) hardware enables users to engage in virtual worlds in and outside of work. This is according to a new S&P Global Market Intelligence report, 2023 Technology, Media and Telecommunications (TMT) […]
Read more »

Broadcast rights a major area for growth in women’s football: Fifa reportBroadcasting is still at a developing stage but can be harnessed to encourage growth in the women’s game
Read more »

SA’s large unlisted businesses cautiously optimistic about growthSA’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.
Read more »

SA’s large unlisted businesses cautiously optimistic about growthSA’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.
Read more »



Render Time: 2025-03-06 06:38:54