Reserves drawdown is wildcard in election budget
Godongwana will present his budget on Wednesday.
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Godongwana will present his budget on Wednesday.
(Bloomberg) -- Enoch Godongwana needs to conjure an annual budget that balances spending pressures stemming from this year’s elections with the South African National Treasury’s commitment to stabilize its finances.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderWall Street’s Moelis Bet Big on the Middle East. Now He’s Cashing InRecord US Stock Rally Is Under Threat From a World in TurmoilChina
In the midst of South Africa's electoral uncertainties, Finance Minister Enoch Godongwana grapples with presenting an annual budget.
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