South Africa’s finance minister has chosen to walk a tightrope rather than face tough choices about cutting expenditure or raising taxes.
Articles on Medium-term budget
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South Africa waits with bated breath for the 2017 medium term budget policy statement from new Finance Minister Malusi Gigaba, as it might reveal key signals of where economic policy is headed.
South African finance minister Pravin Gordhan’s medium-term budget speech was a lot about balancing the politics of a divided ruling ANC.
South Africa’s 2016 medium term budget was awaited with bated breath amid rising political tensions, increasingly violent student protests and the threat of a credit downgrade.
Top contributors
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Visiting Professor at the Business School, University of the Witwatersrand
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Associate Professor, UCT School of Economics; South African Reserve Bank Research Chair in Financial Stability Studies, University of Cape Town
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Professor of Urban Governance, University of the Witwatersrand
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Senior Research Associate, University of Johannesburg