Huge political challenges facing Finance Minister Tito Mboweni before mini budget

SAfm — Finance Minister Tito Mboweni's 2019 Medium Term Budget Policy Statement will be tabled on tomorrow. The minister is expected to outline government's revenue and expenditure plans for the next two years. The minister is experiencing huge challenges which are mainly political in a slow growing economy. Revenue collection has been very low and economists predict a revenue shortfall as South African Revenue Service (SARS) struggles to achieve its tax collections targets. Treasury is also likely to revise down its economic growth forecast for the year from one-point- five percent to one percent