Finance minister Tito Mboweni is expected to present the 2020 medium-term budget policy statement to parliament on Wednesday.
It follows a strict Covid-19 lockdown, which came in the middle of a recession. Amid concern about a debt crisis and pressure to get the economy back on track, Mboweni faces a difficult balancing act.
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WATCH: Tito Mboweni presents medium-term budgetFinance minister Tito Mboweni is due to present the 2020 medium-term budget policy statement to parliament
Source: BDliveSA - 🏆 12. / 63 Read more »
PETER BRUCE: That screeching was Tito Mboweni hitting the brakes on promises to cut spendingPETER BRUCE: That screeching was Tito Mboweni hitting the brakes on promises to cut spending 🔒 writes Bruceps Bruceps Surely your hero Cyril could show the way by cutting his cabinet by half His sole decision Can’t hide behind anything else
Source: BDliveSA - 🏆 12. / 63 Read more »
Education activists slam Tito Mboweni for budget cutsAbout 50 members of Equal Education picketed outside parliament on Wednesday to demand that finance minister Tito Mboweni reverse budget cuts made to the education department earlier this year.
Source: TimesLIVE - 🏆 28. / 59 Read more »
Tito Mboweni should unleash Sars to bring home the tax baconAgency should be able to fill critical vacancies to rebuild its capabilities and operate efficiently
Source: BDliveSA - 🏆 12. / 63 Read more »
Tito Mboweni should unleash Sars to bring home the tax baconAgency should be able to fill critical vacancies to rebuild its capabilities and operate efficiently Few left for SARS to be unleashed on. Who writes such drivel?! Can it be unleashed on the non-payers rather than the payers? I am tired of being punished for being law abiding. I won’t manage much more tax than what I am paying now. 😞 Lets see what impact of all Finance ministers did in the past 7 years
Source: BDliveSA - 🏆 12. / 63 Read more »
What’s left in Tito Mboweni’s piggy bank ahead of the MTBPS?The Finance Minister is caught between a rock and a hard place. While arguably he should be reducing government spend and increasing income (usually through higher taxes), these are things the ailing economy can ill afford.MTBPS2020 busrep TitoMboweni busrep Or plain MTBPS... Following tito_mboweni for more great recipes... SMH busrep If he reduce government spending there will be less money in the economy . If he does reduce the government spending he has to increase tax which is not healthy for the economy .
Source: IOL - 🏆 46. / 51 Read more »