Tito Mboweni’s mini-budget speech postponement approved

Parliament has approved delaying South Africa’s mini-budget by more than a week.

Finance Minister, Tito Mboweni asked Parliament for the postponement.

The Medium-Term Budget Policy Statement will now be delivered on 28 October.

Mboweni said his request for a postponement is because of delays in the finalization of the economic reconstruction and recovery plan.

Last year’s Medium-Term Budget Policy Statement was also postponed by a week due to international commitments.

Source: eNCA

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