Budget speech is credible response to economic challenges
The 2023 Budget speech was a surprise-free, pragmatic and credible response to a challenging set of global and domestic economic circumstances.
Prof Raymond Parsons, an economist from the North-West University (NWU) Business School, commented on the 2023 Budget introduced to parliament by the Minister of Finance, Enoch Godongwana.
“Although having received some windfall tax-revenue gains, Finance Minister Enoch Godongwana still had a difficult balancing act given the political and economic constraints within which he had to shape fiscal policy.”