South Africa - National Budget 2020/21

Article

2020 Medium-Term Budget Policy Statement in a nutshell

Download our Deloitte Africa #MTBPS2020 Infographic and learn more about key messages and statistics of the 2020 MTBPS.

On Wednesday, 28 October 2020, South Africa’s Honourable Minister of Finance, Mr Tito Mboweni, delivered the 2020 Medium-Term Budget Policy Statement (MTBPS).

2020 Medium-Term Budget Policy Statement in a nutshell Download our Deloitte Africa #MTBPS2020 Infographic and learn more about key messages and statistics of the 2020 MTBPS.

Press releases

MTBPS 2020: Minister of Finance expected to deliver pragmatic budget  

Johannesburg, South Africa 28 October 2020 - As the Minister of Finance, Tito Mboweni, puts the final touches on his Medium-Term Budget Policy Statement (MTBPS), the biggest issue he must be grappling with is the impact of COVID-19 on the economy. This has resulted in a perfect storm for our already troubled economy.

Johannesburg, South Africa 28 October 2020 - As the Minister of Finance, Tito Mboweni, puts the final touches on his Medium-Term Budget Policy Statement (MTBPS), the biggest issue he must be grappling with is the impact of COVID-19  on the economy.  This has resulted in a perfect storm for our already troubled economy. 

Article

Emergency budget: Where will Minister Mboweni find the extra billions needed?

The coronavirus (COVID-19) pandemic has forced every South African to radically re-assess any plans he or she may have had for 2020, no-one more so than Finance Minister Tito Mboweni.

The coronavirus (COVID-19) pandemic has forced every South African to radically re-assess any plans he or she may have had for 2020, no-one more so than Finance Minister Tito Mboweni.

Article

Deloitte commentary on South Africa Budget 2020/21

Trade-offs required to achieve shared prosperity

The Minister of Finance has reiterated in this budget that South Africa must strive for fiscal sustainability, measured as stabilisation of the debt-to-GDP ratio, by moderating spending as a share of GDP and reducing the wage bill as a share of overall spending.

The Minister of Finance has reiterated in this budget that South Africa must strive for fiscal sustainability, measured as stabilisation of the debt-to-GDP ratio, by moderating spending as a share of GDP and reducing the wage bill as a share of overall spending.