This comes amid mounting financial strain on households and pressure for reforms to spur economic growth.<\/p>\n
<\/p>\n
Economist at Anchor Capital, Casey Sprake, speaking to Channel Africa on Tuesday, said the Minister should present clear plans for identifying and phasing out underperforming or low-priority government programmes to reduce expenditure and reallocate funds toward national priorities.<\/p>\n
<\/p>\n
Sprake says economists are also seeking clarity on whether the National Treasury supports the SA Reserve Bank\u2019s (SARB) proposed shift to a lower inflation target of 3%, which could influence future interest rate decisions.<\/p>\n
<\/p>\n
She notes that fiscal discipline will be a key theme this year, following delays in budget adoption and spending patterns distorted by political uncertainty earlier in the year.<\/p>\n
<\/p>\n
\u201cFor us, prioritising the strengthening of infrastructure investment is vital to unlocking SA\u2019s long-term growth potential,\u201d Sprake said. \u201cIf we get the spending priorities in the right places, particularly in energy and transport, we can really get the economy moving again.\u201d<\/p>\n
<\/p>\n
Sprake added that scaling up private sector participation in infrastructure delivery will be crucial for driving investment and job creation, especially as youth unemployment remains \u201cuncontrollably high.\u201d<\/p>\n
<\/p>\n
On the potential implications of a lower inflation target, she said the move could limit interest rate cuts in the short term but help stabilise prices and improve the long-term economic outlook.<\/p>\n
<\/p>\n
\u201cThe Reserve Bank has done well to anchor inflation expectations around 4.5%, but lowering the target further will be a challenge given South Africa\u2019s structural constraints,\u201d she said. \u201cStill, keeping inflation under control remains vital because higher prices hurt lower-income households the most.\u201d<\/p>\n
–ChannelAfrica–<\/p>\n","protected":false},"featured_media":13096,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-15036","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"South Africa\u2019s (SA) Minister of Finance, Enoch Godongwana, is expected to table the Medium-Term Budget Policy Statement (MTBPS) on Wednesday, November 12, 2025. ","published_date":null,"news_description":"South Africa\u2019s (SA) Minister of Finance, Enoch Godongwana, is expected to table the Medium-Term Budget Policy Statement (MTBPS) on Wednesday, November 12, 2025. ","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15036\/revisions"}],"predecessor-version":[{"id":19447,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/15036\/revisions\/19447"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/13096"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=15036"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=15036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}