Finance Minister Enoch Godongwana delivers the Budget Speech for 2023 to Parliament on Wednesday afternoon. Godongwana has dubbed this budget a non-austerity budget, adding that this is a budget that makes tough trade-offs in the interests of the country’s short-term and long-term prosperity.
Party leader Pieter Groenewald says South Africans should not be fooled by the announcement that SARS has collected an extra R93 billion. “What he could have done he could have cut the fuel levy completely. He could have scrapped that fuel levy … which would have made the price of petrol less expensive. …This was not a bold budget. It was a missed opportunity.”Meanwhile, the African National Congress says the measures announced by Finance Minister Enoch Godongwana will go a long way toward growing the economy and creating jobs.
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WATCH |Live updates: Finance Minister Enoch Godongwana delivers #BudgetSpeech2023The FATF Plenary will make its decision later this week on whether or not to put South Africa under increased monitoring, otherwise known as grey listing. We should be prepared for that possibility.
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