Accelerated structural reforms are the most effective pathway to job-rich growth
The broad economic and fiscal strategies outlined in the 2025 Medium-Term Budget Policy Statement (MTBPS) are realistic and credible given South Africa’s challenging economic context.
In commenting on the 2025 MTBPS that Finance Minister Enoch Godwanga presented to Parliament on 12 November, Prof. Raymond Parsons, economist from the North-West University (NWU) Business School, believes it represents a visible turning point in advancing the priorities of a stable, growing, competitive and inclusive economy.


