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.
What are your expectations of the finance minister in his midterm budget policy speech? Share your views in the comment section below.In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: eNCA - 🏆 49. / 51 Read more »
Source: ewnupdates - 🏆 30. / 53 Read more »
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.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Source: SABCNews - 🏆 37. / 51 Read more »