Written on 11/10/2022
Nexia SAB&T

The Minister of Finance, Mr Enoch Godongwana, will table the Medium Term Budget Policy Statement in Parliament on Wednesday, 26 October 2022 at 14:00.

The Medium-Term Budget Policy Statement sets government policy goals and priorities, forecasts macroeconomic trajectory and projects the fiscal framework over the next three years by outlining spending and revenue estimates, among others.

South Africa is at a critical point economically. Historically too many political decisions have been made that have impacted negatively on South Africa’s fiscal framework. Treasury no longer has that luxury and we anxiously await to hear positive steps to be taken by the minister of finance.

We will publish our review of the budget speech shortly after it has been delivered.

© 2020 Nexia SAB&T. ALL Rights Reserved. Nexia SAB&T is a member of Nexia International, a leading, global network of independent accounting and consulting firms that are members of Nexia International Limited. Nexia International Limited, a company registered in the Isle of Man, does not provide services to clients. Please see the “Member firm disclaimer” for further details.