South Africa's national budget is a challenge

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South Africa's national budget is a challenge

By Waldo Marcus, Director at TPN from MRI Software Waldo Marcus, Director at TPN from MRI Software South Africa’s national budget will be closely scrutinised, with analysts focusing on, amongst others, the debt-to-GDP ratio, government spending and the risks that could lead to further fiscal slippage. In the medium-term budget policy statement (MTBPS) last October, tax collection for the 2024/25 financial year was lower than anticipated. The lat…