MTBPS 2024 | Know your Budget - counter-cyclical fiscal policy: Patrick Mathidi

In the next two days, Finance Minister Enoch Godongwana will table the medium-term budget policy statement in parliament. The minister will, among others, talk about the Binding Fiscal Anchors and counter-cyclical fiscal policy. SABC News is running a special focus - Know your Budget - to help you make sense of some words that will be used in the Minister's Speech. Before we engage our expert we asked university students to explain what counter-cyclical fiscal policy is. For more we are joined by Patrick Mathidi from Aluwani Capital to help explain the significance of counter-cyclical fiscal policy in the context national budget. For more news, visit sabcnews.com and #SABCNews on all Social Media platforms.