MTBPS 25 Preview: A Costly Primary Surplus
| dc.contributor.author | Amra, Rashaad | |
| dc.contributor.author | Chakraborty, Pinaki | |
| dc.contributor.author | Madonko, Thokozile | |
| dc.contributor.author | Willcox, Owen | |
| dc.date.accessioned | 2025-11-11T14:35:20Z | |
| dc.date.issued | 2025-11 | |
| dc.department | Southern Centre for Inequality Studies SCIS | |
| dc.description.abstract | South Africa may finally record its first primary surplus in 16 years — but at what cost? The Public Economy Project (PEP)’s updated fiscal outlook shows revenue outperforming the Treasury’s forecast by R53 billion, yet debt is still rising, and social spending is under strain. Years of expenditure restraint have delivered headline stability, but they have also deepened service-delivery pressures. Will this moment be used to rebuild health, education, and social services — or will fiscal consolidation continue to take precedence? | |
| dc.description.submitter | TM2025 | |
| dc.faculty | Faculty of Commerce, Law and Management | |
| dc.identifier.citation | Amra, R. et al (2025) MTBPS 25 Preview: A costly primary surplus, Public Economic Project, Southern Centre for Inequality Studies, University of the Witwatersrand, Johannesburg. | |
| dc.identifier.uri | https://hdl.handle.net/10539/47514 | |
| dc.language.iso | en | |
| dc.publisher | University of the Witwatersrand, Joahnnesburg | |
| dc.rights | © 2024 University of the Witwatersrand, Johannesburg. All rights reserved. The copyright in this work vests in the University of the Witwatersrand, Johannesburg. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of University of the Witwatersrand, Johannesburg. | |
| dc.rights.holder | University of the Witwatersrand, Johannesburg | |
| dc.school | School of Economics and Finance | |
| dc.subject | MTBPS South Africa Fiscal Policy National Budget Macroeconomic | |
| dc.subject.primarysdg | SDG-10: Reduced inequalities | |
| dc.subject.secondarysdg | SDG-10: Reduced inequalities | |
| dc.title | MTBPS 25 Preview: A Costly Primary Surplus | |
| dc.type | Article |