The Minister of Finance Enoch Godongwana and National Treasury are set to finalise the budget and table it before Parliament next Wednesday.
Minister of Finance Enoch Godongwana and National Treasury are set to finalise the budget and table it before Parliament next Wednesday.The Minister of Finance Enoch Godongwana and National Treasury are set to finalise the budget and table it before parliament next Wednesday.
In compliance with the provisions of section 27 of the Public Finance Management Act , Cabinet mandated the Minister of Finance to select from the discussed options and fund the Budget in a manner that takes into consideration the fiscal constraints of the country; mitigates the impact on the poor and middle-income households; and supports economic growth.
Last month, Cabinet postponed the tabling of 2025 budget by Minister Godongwana for further deliberations. However, it now appears that everyone’s happy enough to proceed, although it must be remembered that a VAT hike – presumably of a lower percentage – may well still be announced.Here is the story behind a wonderfully wholesome meeting between Siya Kolisi and a young fan who is coping with cerebral palsy.
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