Finance Minister to table mini-budget today
All eyes will be on Finance Minister Tito Mboweni, who will today table his Medium-Term Budget Policy Statement or mini-budget in Parliament.
The Minister had, earlier this month, asked for a week's delay, which raised concern by some about the country's financial lifeline.
Economist Mike Schussler says people want to know how deep the GDP percentage hole is, how much we can spend, and taxes.
He says it will be interesting to hear how government plans to support our ailing economy, and where money will be spent.
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"I think we should be spending less on the salaries and more on the services the government provides, they should be spending more on books and medicine but that's going to be a difficult thing to achieve because our salary bill is so high already."
"I think we will likely to find the government structure is not going to get as much money as one would hope. Salaries are also going to come under scrutiny, it's not going to be a simple solution there will be tax increases," he said.
