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MNI MTBPS Preview: Tax Windfall Buoys Fiscal Outlook, Markets Eye Grants Policy

SOUTH AFRICA

This week, Finance minister Godongwana will produce his maiden MTBPS against a far rosier fiscal backdrop than in recent meetings, but don't let that fool you into thinking the purse strings will be any looser. Aided by windfall profits in the mining sector on the back of a commodity super cycle, the Treasury is set to see some reprieve after years of deteriorating fiscal metrics - providing the new FinMin with a more robust platform to (hopefully), in his own words, "not let this opportunity go to waste."

Full Preview Here:

MTBPS Final 11.11.21.pdf


MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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