Ahead of the 2025 Budget Speech, Godongwana said that if he was allowed to cut the SRD grant, he wouldn't increase the VAT.
Ahead of the 2025 Budget Speech, Godongwana said that if he was allowed to cut the SRD grant, he wouldn’t increase the VAT.
The organisations said the Director-General at National Treasury, Duncan Pieterse confirmed to the Parliamentary Finance Committee on 31 October 2024 that the SRD grant was “included as a provisional allocation in the fiscal framework’s baseline” for 2025/2026, meaning it is budgeted for, and it has been in the budget for the past five years. It is by no means a new or unanticipated expense.
Civil society organisations say the Minister of Finance Enoch Godongwana and National Treasury have long been ideologically opposed to the SRD grant. Godongwana will deliver the Budget Speech for the 2025/2026 financial year on Wednesday. Image: Mkhuseli Sizani/Ground UpFurther, the organisations said given the myriad available pathways, holding these unacceptable choices over people’s heads is fundamentally misleading and dishonest.
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