Mboweni’s Tightrope Walk: Reviving the Economy and Slashing the Budget | End24

Mboweni’s Tightrope Walk: Reviving the Economy and Slashing the Budget |  End24
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Titus Mboweni. Photo: Jaco Marais

Titus Mboweni. Photo: Jaco Marais

  • The economy experienced a record contraction last year.
  • Mboweni will present the budget on February 24, after the Covid-19 pandemic wreaked havoc on SA’s already strained public finances.
  • Most economists surveyed by Bloomberg expect tax increases.

Finance Minister Tito Mboweni will have to demonstrate his commitment to curbing spending and curbing debt in this week’s budget, while finding ways to revive an economy that has likely contracted the most in nine decades last year.

Mboweni will present the government’s spending framework for the next three years on Wednesday, after the …



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