Medium Term Budget Policy Statement 2018

The National Treasury released the Medium Term Budget Policy Statement 2018 on the 24 October. "this MTBPS prioritises three interlinked policy areas: • Implementing the President’s economic stimulus and recovery plan, particularly by encouraging private-sector investment. • Improving governance and financial management in national, provincial and local government departments to support service delivery. • Reforming state-owned companies. Improving the financial health of the major state-owned companies will take time, but measures are being taken to strengthen governance."