Medium-term budget what to expect from Tito Mboweni

12 March 2007. South Africa. Johannesburg. Finance Minister Tito Mboweni - Image THESOUTHAFRICAN.COM

#SOUTHAFRICA: Finance Minister Tito Mboweni’s Mid Term Budget Policy Statement this Wednesday is going to be a negative one that will hurt the taxpayer.

That’s according to Economist at Efficient Group – Dawie Roodt. Speaking to Newsbreak, Roodt predicted government revenue to be significantly lower than expected. The minister has an immediate task to restore calm and address urgent issues on an economy which has just recovered from recession in the first quarter of 2019.

Roodt expects news about the bailouts of some state owned entities, especially Eskom to be high on the agenda for the minister.

By Newsbreak Producer Tashlan Naidoo

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.