Economic Digest 26: Enoch Godongwana’s MTBPS: Just like Tito’s but with better shoes by Kenny Pasensie
In an interview before delivering his first Medium Term Budget Policy Statement (MTBPS, or ‘mini-budget’), the new Finance Minister jokingly said that the difference between him and his predecessor is that he wears better shoes. The mini-budget that Mr Godongwana delivered bore testament to the shoe reference – it was not much different to the line that his predecessor held. There wasn’t much he could do differently in any case, as a mini-budget is mostly about adjustments to the previous budget and projections for economic growth. It sets the scene for what may be expected in the next full Budget. The articles below provide a quick look into what was said and what the reactions were.