
Big Idea - MTBPS: examining key challenges & SA's economic outlook
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The Medium-Term Budget Policy Statement has shed light on the critical fiscal challenges facing South Africa and the latest budget data paints a grim picture, due to a significant underperformance in revenue collections and soaring expenditure projections for 2023/24. Business Day TV unpacked the fiscal issues, and analysed their potential impact on South Africa's economic future with Gina Schoeman, Chief Economist and Head of Research at CEEMEA Economics, and Annabel Bishop, Chief Economist at Investec.