Will Godongwana get the balance right in his speech?
The spiralling cost of basic necessities has caused a crisis the world over, pushing central banks to indirectly create recessionary conditions in the global economy. To fight inflation, most central banks have taken a hawkish stance on monetary policy to bring down the costs of living by hiking interest rates at the expense of economic growth.READ: While South African consumers battle the rising cost of living, they also face interest rates at near pre-pandemic levels.
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LIVESTREAM | Finance Minister Godongwana's Mid-Term budgetFinance Minister Enoch Godongwana will reveal the state of the country’s finances on Wednesday.
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WATCH LIVE: Finance Minister Enoch Godongwana delivers mid-term budget speechFinance Minister delivers the Medium-Term Budget Policy Statement on Wednesday, 26 October 2022, in Parliament.
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WATCH LIVE | Finance minister Enoch Godongwana presents midterm budgetFinance minister Enoch Godongwana is on Wednesday presenting the midterm budget policy statement in parliament in Cape Town.
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Mid-Term Budget: Finance Minister, Enoch Godongwana will have a tough balancing act - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Finance Minister, Enoch Godongwana, will have a tough balancing act as spending priorities compete for limited resources, when he delivers the Medium Term Budget Policy Statement on Wednesday. Mr happy ending Minister
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