LIVE | Finance Minister Enoch Godongwana delivers his maiden budget speech | Fin24

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Budget2022 LIVE | Finance Minister Enoch Godongwana delivers his maiden budget speech

Like his predecessor Mboweni, Godongwna will have to grapple with South Africa's rising sovereign debt burden.

"These debt service costs are non-discretionary – in other words, we cannot avoid paying them. Their effect, therefore, is to crowd-out other spending priorities," he said.

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