18 Oct 2017
MTBPS set to disappoint as growth plan stumbles
By Janice Roberts
By Nazmeera Moola, co-Head of Fixed Income, Investec Asset Management Finance Minister Malusi Gigaba is in a tight spot. On all metrics, it is clear that the Medium Term Budget Policy Statement (MTBPS), which he presents to Parliament next Wednesday, is going to disappoint. The large revenue shortfall is well known, running at between R35...