LISTEN | Debt remains a significant risk to SA's economy, despite short-term gains

11 November 2021 - 18:10 By Paige Muller
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The finance minister, Enoch Godongwana on his way to his first medium term budget speech at parliament, Cape Town.
The finance minister, Enoch Godongwana on his way to his first medium term budget speech at parliament, Cape Town.
Image: Esa Alexander

Finance minister Enoch Godongwana presented the 25th Medium-Term Budget Policy Statement (MTBPS) on Thursday afternoon.

Economists, including Investec chief economist Annabel Bishop, paid close attention to what the minister had to say about the country's debt projections. Bishop identifies debt and credit ratings agency downgrades as elements that continue to pose a threat to SA's potential growth. 

Here is all you need to know about the MTBPS: 

Listen to the full address here: 


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