MNI South Africa MTBPS Preview: October 2024

Investor enthusiasm around the formation of the Government of National Unity (GNU) puts South Africa’s first post-election mini-budget under closer scrutiny, with market participants looking for more details about the government’s economic plans and views on the economy. The Medium-Term Budget Policy Statement (MTBPS), a prelude to the annual budget typically delivered in February, provides an opportunity for the Finance Minister to provide an update on the economic outlook, the state of government finances, and fiscal plans for the three years ahead.

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