28 October 2020 1 Min Read
All eyes on Mboweni as he tables much-anticipated medium-term budget
in Politics by TimesLIVE
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Finance minister Tito Mboweni will on Wednesday table the much-anticipated mid-term budget speech.
While the government grapples with how it will help rev up the country's economy as a result of Covid-19's effect on SA's finances and a myriad of factors, all eyes will be on Mboweni this afternoon.
This comes after President Cyril Ramaphosa detailed the government's economic reconstruction and recovery plan two weeks ago.
Mboweni requested to postpone the mini-budget by a week, citing “complex and unusual circumstances” due to the Covid-19 pandemic.
LISTEN | Dissecting Mboweni's MTBPS with Investec's Annabel Bishop
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Finance minister Tito Mboweni tabled his medium-term budget policy statement (MTBPS) on October 28 2020. Many called this particular one a 'balancing act' in light of SA's having to rebuild its economy due to the Covid-19 pandemic. Government spending and debt, SAA rescue plan and the State Capture Commission of Inquiry were just some of the topics covered in his address.