Medium-term Budget must reinforce message on pace of structural reforms
“The foundations of the 2023 Medium-Term Budget Policy Statement (MTBPS) on 1 November need to be realistic and sound, given the additional fiscal and economic challenges it faces.”
Prof Raymond Parsons, economist at the North-West University (NWU) Business School, says the National Treasury has already warned of the tough decisions that will need to be made in the medium-term Budget.