Finance Minister Tito Mboweni responds to questions by MPs after delivering a sobering medium-term budget yesterday.
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CAPE TOWN - Finance Minister Tito Mboweni delivered a sobering medium-term budget on Wednesday.
On Thursday, he will respond to questions on his mini-budget in Parliament.
Mboweni said this year the national debt exceeded R3-trillion and it is expected to rise to R4,5-trillion in the next three years.
The minister said state-owned entities need to wean themselves off the national budget.
Source
eNCA
