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Ralph Mathekga | 2021 Budget: A reflection of political power balance

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Finance minister Tito Mboweni delivering the medium-term budget last  year.  Photo: Jaco Marais
Finance minister Tito Mboweni delivering the medium-term budget last year. Photo: Jaco Marais

Budgets do not lie, and they reflect the political power balance, so we cannot expect too much from this year's Budget, writes Ralph Mathekga.

Finance Minister Tito Mboweni is set to deliver yet another difficult Budget, amid rising unemployment, exacerbated by the Covid-19 pandemic.

Mboweni is facing the reality that he cannot keep on spending money that we do not have.

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