What to expect from Ramaphosa's upcoming Budget 3.0: A focus on infrastructure and reform
iol.co.za/news/politics/2025-05-07-what-to-expect-from-ramaphosas-upcoming-budget-3-0-a-focus-on-infrastructure-and-reform/
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What to expect from Ramaphosa's upcoming Budget 3.0: A focus on infrastructure and reform
iol.co.za/news/politics/2025-05-07-what-to-expect-from-ramaphosas-upcoming-budget-3-0-a-focus-on-infrastructure-and-reform/
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Key FactsGodongwana Projects Positive Budget Outlook for South Africa
Nov 13, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: mg.co.za
Summary created with AI assistance · Source: mg.co.za
- Finance Minister Godongwana expects revenue to exceed projections by R19.7 billion in 2025.
- The inflation target has been lowered to 3% with a 1% tolerance band, set to be implemented over two years.
- Government debt is predicted to stabilize at 77.9% of GDP, with a primary budget surplus of R68.5 billion this year.
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As we table this policy statement, we have reason to be optimistic about the future of our country.— Finance Minister Enoch Godongwana, while presenting his medium-term budget policy statement in Parliament.
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Key FactsMalema Demands Return of Farms Abandoned by Afrikaners
May 20, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: iol.co.za
Summary created with AI assistance · Source: iol.co.za
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Key FactsWATCH | Finance Minister Enoch Godongwana Delivers Budget Speech for 2023
Apr 10, 2023 · Reading time: ~20 sec.
Summary created with AI assistance
Summary created with AI assistance
- President Cyril Ramaphosa announced government plans to address the energy crisis and prevailing socioeconomic challenges in his state of the nation address on February 9.
- Godongwana will detail the spending and revenue collection proposals needed to carry out these plans.
- He is also expected to present the Appropriation Bill and the Revenue Division Bill to parliament.
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