Cecil Kilpin | February 2023 Newsletter

By |2023-02-07T19:43:46+02:00February 7th, 2023|Business, Finance + Economics, Goverment, Newsletter|

Budget Date Set for 22nd February. The Minister of Finance, Mr Enoch Godongwana, will deliver the National Budget Speech on 22 February 2023. As usual, the budget allocation always aims to strike a balance between competing national spending priorities and limited resources. This budget promises to be a tough balancing act, with little or no wiggle room. The following key areas need to be addressed: Municipal finances Government spending priorities and what these should be Addressing a large budget deficit Stabilising State-Owned Entity finances Managing the energy crisis Tax revenues Debt sustainability We will keep you informed on all relevant budget announcements. 2023 SARB Economic Outlook (MPC Extract). As this [...]