Preview of Budget 2020

21 Feb 2020 - Minister of Finance, Tito Mboweni has very little room to manoeuvre ahead of his budget speech on Wednesday 26 February.
Preview of Budget 2020

In this client note, we highlight how growing deficits and government debt are likely to remain a feature of SA’s public finances into the future.

CRA calculations reveal that Treasury revenue and expenditure projections are historically inaccurate, with under-collections and overspending the norm.

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