Medium Term Budget Policy Statement 2021 commentaries
After the Medium Term Budget Policy Statement 2021 (MTBPS – or “mini-budget” as it is more colloquially known) tabled on 11 November 2021, two insighful commentaries. The first by Michael Sachs (former head of the Budget Office in the National Treasury of South Africa) contends, inter alia, that the sharp fiscal contraction of more than 10% per annum in real […]