Prof Parsons previews expectations for the 2024 Budget Speech
Minister of Finance Enoch Godongwana is set to present the Budget Speech for the 2024/25 fiscal year on 21 February 2024. Providing insights into the anticipated announcements, renowned economist from the North-West University (NWU) Business School, Prof Raymond Parsons, shares his perspectives on what South Africans can expect from this crucial address.
Prof Parsons says budgets always require a delicate balancing act and the 2024 budget, although being crafted in very difficult economic circumstances, ultimately also remains an exercise in political economy.