# No ordinary mid-term budget this year; the pressure is on - Moneyweb

> South Africa's finance minister is set to deliver the medium-term budget policy statement, with revenue collections expected to fall about R60 billion short of February budget estimates. Debt service costs have risen to roughly R366 billion, and the minister has warned the government could run out of money by March next year.

- Date: 2023-10-31 · published 2023-10-31T12:00:00.000Z
- Category: macro · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/33922-no-ordinary-mid-term-budget-this-year-the-pressure-is-on-moneyweb
- Commodities: [South African Rand (ZAR per USD)](https://feedsoft.ai/c/USDZAR.md)

## Why it matters

Fiscal stress could weigh on the rand and raise import costs for dollar-priced feed, though the budget itself is a domestic policy event with limited direct grain price impact.

## Read by commodity

- USDZAR: bullish ▲

## Sources

- moneyweb.co.za: https://www.moneyweb.co.za/in-depth/budget/no-ordinary-mid-term-budget-this-year-the-pressure-is-on/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.