LIVE | MTBPS | Finance Minister Enoch Godongwana presents medium term budget
Автор: IOL
Загружено: 2025-11-12
Просмотров: 2165
Описание: Finance Minister Enoch Godongwana’s Medium-Term Budget Policy Statement frames fiscal strategy to stabilise public finances, protect core social services, and support growth. It updates three-year revenue and expenditure forecasts, signals no major tax shifts, and stresses expenditure restraint while reallocating funds to priority areas such as job creation, infrastructure, and essential services. The framework balances tighter fiscal discipline with targeted spending to mitigate unemployment and poverty, relies on improved revenue collection and economic recovery assumptions, and sets out contingency measures to manage fiscal risks and a wider-than-expected deficit. Stay with IOL.co.za for more coverage from the 2025 MTBPS.
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