Finance budget 2024/25: SA paying R380 billion just to service national debt

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 75%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Finance minister outlined six key points to reinvigorate the economy while reaffirming his intention to improve public-private partnerships

.Finance minister Enoch Godongwana announced the fiscal directives his office will be undertaking in the coming financial year.

Although he admitted the fiscus was under strain, Godongwana said the department’s performance over the previous financial year presented positive reading.Supporting infrastructural and economic development while better managing government assets would be amplified by streamlining government procurement and ensuring better overall financial management.

“These comments are currently being considered and I will be gazetting new regulations aimed at streamlining the administrative process, reducing the timelines and providing for a systematic approach to unsolicited proposals,” said Gondongwana.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ekurhuleni 2024/25 budget: Watch finance MMC reveals money allocated to departmentsBreaking local news in Boksburg
Source: BoksburgNews - 🏆 40. / 51 Read more »