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SA's Finance Minister to unveil crucial mid-year budget update

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South Africa's (SA) Finance Minister Enoch Godongwana will today table the Medium-Term Budget Policy Statement (MTBPS) , the mid-year update that outlines how government plans to manage spending, borrowing, and growth over the next three years. 

The MTBPS comes against a difficult backdrop of weak economic growth, high debt, revenue shortfalls, and mounting pressure on social spending.

To help unpack what it all means, is Economist and Director at Econometrix Dr Azzar Jammine.

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