The 2025 MTBPS: Consolidation, Coalition, and the Politics of Fiscal Renewal
The 2025 Medium-Term Budget Policy Statement (MTBPS), delivered by Finance Minister Enoch Godongwana on 12 November, marks a delicate balancing act between fiscal prudence, political compromise, and reform-driven recovery. It arrives at a moment of renewed fiscal discipline but persistent political fragility, where the Government of National Unity (GNU) faces the dual challenge of maintaining…
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