Finance Minister Enoch Godongwana told Parliament’s finance committees on Thursday that the fiscal path he outlined on Wednesday would set the country’s finances on a rocky road to recovery.
CAPE TOWN - Finance Minister Enoch Godongwana said this year’s Medium-Term Budget Policy Statement was one of the hardest the National Treasury has ever had to produce.
But Godongwana remained cautious about whether taxes would be raised in the new budget year to make up a shortfall of R15 billion.
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