The most consequential decision facing the finance minister as he tables the Medium Term Budget Policy Statement next week is a solution to reduce Eskom's more than R390 billion debt to improve its balance sheet. That's according to Alex Forbes's chief economist, Isaah Mhlanga, tabling his expectations of the MTBPS. He says the debt relief is widely expected to be in the region of R200 billion. Another big decision the finance minister faces is what to do with the social relief of distress grant, given the pressures of the rising cost of living amid the high unemployment rate.
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