CAMmunique November 2021

A review of South Africa’s Medium Term Budget Policy Statement (MTBPS)
South Africa’s finance minister, Enoch Godongwana, tabled his debut Medium- erm Budget Policy Statement (MTBPS) on 11 November 2021. The budget was well received by the market as it was largely in line with, or even better than, market expectations. The theme of this MTBPS centered around economic recovery, stabilization, and reforms.