This year’s MTBPS will be very different as SA’s economy is in recovery mode

Finance Minister Enoch Godongwana is set to deliver his medium-term budget policy statement on October 30.

Picture: Jairus Mmutle/GCISThis year’s Medium-Term Budget Statement will be a bit different than the last few years as the statement will be presented against the backdrop of

“The power grid is more stable, with load shedding not being implemented for over 200 days as Eskom operates more efficiently and more renewable energy generation is commissioned.” “Lower inflation will facilitate more interest rate reductions. Our real GDP growth forecasts are 1% in 2024, and 1.6% and 1.7% in 2025 and 2026, respectively,” the bank said.

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