Minister of Finance delivers a positive Budget 2024 for bond investors

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STANLIB’s Head of Fixed Income, Victor Mphaphuli, remarked that Budget 2024 turned out to be more positive than what bond markets had anticipated. Despite concerns that the 2023/4 main Budget deficit might spike to 5% due to lower-than-expected revenue and increased spending, it will remain unchanged at 4.7%. The market also reacted positively to the proposed introduction of binding fiscal anchors

21 Feb 2024 English South Africa Investing · Business News

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