Budget doesn t support economic growth, says PBO The PBO’s Seeraj Mohamed said that the spending cuts the government was planning over the next three years did not – as Treasury has argued - strike a balance between immediate support for the economy and shoring up the country’s public finances. FILE: Finance Minister Tito Mboweni delivers his Medium-Term Budget Policy Speech in Parliament on 28 October 2020 in Cape Town. Picture: GCIS.
38 days ago
CAPE TOWN - The Parliamentary Budget Office said that the Budget unveiled by Finance Minister Tito Mboweni last week did not support economic growth, nor the recovery and reconstruction of the economy.