KPMG expects the Medium-Term Budget Policy Statement to reflect heightened global uncertainty [SOUND]

# KPMG South Africa says a sig­ni­fic­ant por­tion of the eco­nomic activ­ity pro­jec­ted for this year could be revised down­wards as global instabil­ity con­tin­ues to weigh on growth. This comes as Finance minister Enoch Godongwana is set to table the Medium-Term Budget Policy State­ment in Parliament tomorrow. KPMG’s Itumeleng Nkadimeng says they expect government to maintain a primary surplus, which represents the difference between revenue and expenditure before interest payments on debt are taken into account: