The Medium Term Budget Policy Statement (MTBPS) for the next three years up to 2024/25 details how government is accelerating various structural reforms to promote growth, while keeping fiscal consolidation on course to narrow its budget deficit and stabilise debt. Delivering the MTBPS on November 11, Finance Minister Enoch Godongwana said capital investment had been adversely affected by the national lockdowns, contributing to underspending.
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