Budget Speech I Expectations with Prof Daniel Meyer
Finance Minister Enoch Godongwana will have the unenviable task of balancing rising spending pressures amid lower economic growth, made worse by the intense load shedding.
This when he presents the National Budget tomorrow. The intensified rolling blackouts will negatively impact economic growth as well as revenue collection, which is hit by a lack of business profitability. It's expected the budget deficit will widen as expenditure pressures rise and less revenue is collected. Now let us get analysis we are now joined via zoom by Prof Daniel Meyer from the School of Public Management, Governance and Public Policy at the University of Johannesburg
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