Godongwana to stick to budget guns

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Minister Enoch Godongwana. Photo: File
Minister Enoch Godongwana. Photo: File

BUSINESS

Finance Minister Enoch Godongwana is unlikely to deviate from the current fiscal consolidation path when he presents the medium-term budget policy statement next week.

This is the view of market analysts, while some believe that the latest GDP revisions and growth in tax revenue projections have opened fiscal space, so there is no reason for Godongwana not to dump austerity measures and introduce a proper stimulus package.

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