Malusi Gigaba must use his “maiden” medium-term budget policy statement to give hope to the 9.3 million people who do not have jobs in SA
23 October 2017
The Minister of Finance, Malusi Gigaba, delivers his “maiden” medium-term budget policy statement on Wednesday 25 October 2017 in Parliament.
The medium-term budget policy statement is normally an opportunity for the minister to make adjustments to the main budget requiring the approval of Parliament.
However, we believe the minister should use the medium-term budget policy statement to deal decisively with the “big five” challenges to reversing the economic decline as follows:
- boosting economic growth by announcing a package of structural reforms to build business confidence and stimulate private sector investment;