Latest Budget provides foundation for building fiscal sustainability
Finance Minister Enoch Godongwana’s revised third Budget is a pragmatic one, given the current circumstances.
This is the view of Prof Raymond Parsons, economist from the North-West University (NWU) Business School. In commenting on the third Budget presented to Parliament on 21 May, Prof Parsons says that, as was stressed by the Finance Minister, various compromises and trade-offs have now been inevitable to achieve a workable balancing of the books that builds confidence.