Minister Tito Mboweni to assure the market and ratings agencies
JOHANNESBURG – Finance
Minister Tito Mboweni is set to use his medium term budget policy statement (MTBPS) on Wednesday to assure the market and ratings agencies that the government was firmly in control of its funds.
Minister Tito Mboweni is set to use his medium term budget policy statement (MTBPS) on Wednesday to assure the market and ratings agencies that the government was firmly in control of its funds.
Mboweni, who ascended the hot seat last year, would want to send a message that the country would be able to meet its debt obligations and contain the
Investec economist Kamilla Kaplan said the MTBPS would confirm a deterioration in fiscal metrics on weak growth, revenue shortfalls and increased spending pressures
Source: iol.co.za