EPISODE · Feb 25, 2021 · 4 MIN
The Budget Speech
from Die ekonomie minuut · host Waldo Krugell
The South African economy faces significant challenges, and there are limits to what the Minister of Finance and the Budget can do to address this. The aim of the Budget should be to help get South Africa out of its ‘low growth trap’ without falling into a ‘debt trap’. The best the budget can do is to buy time in which to get structural reforms and real economic growth going. To my mind, the Minister achieved this.
What this episode covers
The South African economy faces significant challenges, and there are limits to what the Minister of Finance and the Budget can do to address this. The aim of the Budget should be to help get South Africa out of its ‘low growth trap’ without falling into a ‘debt trap’. The best the budget can do is to buy time in which to get structural reforms and real economic growth going. To my mind, the Minister achieved this.
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The Budget Speech
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