Finance Minister Tito Mboweni is presenting a supplementary budget in parliament following the outbreak of Covid-19, which has severely affected the SA economy and the national fiscus.
SA faces a sovereign debt crisis in the next four years that will force it to approach the International Monetary Fund for help if fundamental budgetary changes are not introduced, finance minister Tito Mboweni warned last week.For more news, visit sabcnews.com and also #SABCNews, #Coronavirus, #COVID19 on Social Media.
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WATCH LIVE | Finance minister Tito Mboweni delivers supplementary budget speechFinance minister Tito Mboweni is expected to deliver the supplementary budget speech on Wednesday, after the government’s announcement that it would spend R500bn to support the economy during the Covid-19 pandemic
Source: TimesLIVE - 🏆 28. / 59 Read more »