MTBPS a 'frank assessment' - Cabinet

Monday, November 6, 2023
Finance MInister Enoch Godongwana tabled the MTBPS on 1November 2023.

Cabinet has welcomed the Medium Term Budget Policy Statement (MTBPS) tabled by Finance Minister Enoch Godongwana last week.

“The 2023 Medium Term Budget Policy Statement… provided a frank assessment of the current economic climate and demonstrated government’s firm hold on our nation’s finances amid tough revenue constraints.

“The decisions in the MTBPS improve our fiscal framework; stimulate economic growth, while balancing our social commitments that support the vulnerable in our nation. The Economic Reconstruction and Recovery Plan has contributed to many green shoots in our economy,” said Minister in The Presidency Khumbudzo Ntshavheni, who briefed the media on Monday.

Meanwhile, Cabinet has called on parents and guardians to continue supporting matric learners, who enter the second week of their final examinations this week.

The learners are expected to be examined in subjects including mathematics, physical sciences, a wide range of languages and economics.

Ntshavheni said:  “Cabinet welcomed the smooth start to the 2023 National Senior Certificate (matric) exams, which commenced on 30 October 2023. Parents and guardians are encouraged to continue to support learners during this critical period.

“Cabinet also sends its well wishes to all the learners who will be sitting for their year-end exams.” – SAnews.gov.za