Economy

October MTBPS 2021

The Medium-Term Budget Policy Statement presented a further improved fiscal position, despite the global macroeconomic environment having weakened since February.

An overly positive budget update amid significant uncertainty

Finance Minister Enoch Godongwana’s second Medium Term Budget Policy Statement (MTBPS) painted a very positive picture of the medium-term fiscal position.

MTBPS: Expert comment & key takeouts - what does today’s MTBPS mean for consumer finances?

Finance minister delivers remarkably market-friendly medium-term Budget, but lack of detail on Eskom debt dents credibility

The Medium-term Budget Policy Statement (MTBPS) saw a better-than-expected market friendly fiscal statement, detailing a substantially improved fiscal situation and a significant further reduction in fiscal risk.