Mini budget divides experts
Finance Minister Enoch Godongwana’s maiden medium-term budget policy statement has largely received institutional praise, while also drawing criticism for failing to include growth interventions.
The private and banking sector saw the mini budget speech as “prudent, consistent and clear”, congratulating Godongwana on his continued stance of fiscal consolidation, debt stabilisation and pushing for structural reforms he said were necessary for economic growth and job creation. Others called his policy statement “curious” because he and National Treasury failed to incorporate these supposed growth-accelerating interventions in his medium-term economic growth projections.
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