ALLAN GRAY FEATURE - Post-Budget speech commentary | A Budget of tough trade-offs
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UEST – Thalia Petousis, Portfolio manager at Allan Gray
South Africa appears to have taken a step back from a threatening fiscal cliff, with Finance Minister Enoch Godongwana delivering a Budget speech that he described as one focused on making “tough trade-offs in the interests of the country’s short- and long-term prosperity” and not austerity. With the dust settling on the 2023 Budget Speech, Thalia Petousis, portfolio manager at Allan Gray, joins Kaya Bizz to discuss the highlights from the Budget speech and whether the projections laid out for the country’s long-term finances and economic outlook are credible and can be delivered on Kaya 959
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South Africa appears to have taken a step back from a threatening fiscal cliff, with Finance Minister Enoch Godongwana delivering a Budget speech that he described as one focused on making “tough trade-offs in the interests of the country’s short- and long-term prosperity” and not austerity. With the dust settling on the 2023 Budget Speech, Thalia Petousis, portfolio manager at Allan Gray, joins Kaya Bizz to discuss the highlights from the Budget speech and whether the projections laid out for the country’s long-term finances and economic outlook are credible and can be delivered on Kaya 959
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