Finance minister Enoch Godongwana will present the 2022 medium-term budget policy statement (MTBPS) tomorrow, October 26. It is forecast to have a main budget deficit outcome for the current fiscal year of R317bn (4.7% of GDP), mainly due to improved revenue collections, despite slightly higher projections for public sector compensation. With many of the government’s major tax revenue streams surprising on the upside, no new tax announcements are expected. In this conversation, we talk to look at priority points the budget should be focused on and getting tips on what the budget should look like.

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