Weekend Argus Saturday

Austerity measures key theme in Godongwana’s mini budget

STATE OF THE ECONOMY

Next Wednesday will be the mini budget day. This is when the Minister of Finance, Enoch Godongwana, will be tabling his Medium-Term Budget Policy Statement (MTBPS) for the year.

As the name suggests, this is an annual event that takes place half- way between this year’s national Budget Speech and next year’s Budget in February.

All departments and other state structures are expected to state and justify their budgets for the current year, and whether their

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