Mboweni bats away downgrade talk, saying mini-budget does enough

He believes the spending commitments in the medium-term budget are enough to save SA from further ratings downgrades

28 October 2020 - 21:17

Finance minister Tito believes the spending commitments in the medium-term budget were enough to save SA from further ratings downgrades.

“We are of the view that there’s no need for further downgrades for SA at all. I think we have been punished enough - and during a pandemic, nogal,” he told journalists at a virtual media briefing organised after his speech in parliament on Wednesday...

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