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DURBAN - FINANCE Minister Tito Mboweni’s budget is expected to
continue demonstrating a commitment to a stable financial system to
revive the economy and encourage investment, according to banking
analysts.

Nedbank economist Isaac Matshego said the banking sector
was important for credit intermediation and banks played a role in
facilitating the financing of the budget deficit.

With private
sector investment having contracted since 2016, Nedbank expected
Mboweni’s budget speech to set a base, which would help to revive
investment in the country.

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