Zwelodumo Mabhoza, Founder And Director Of Priority Tax Solutions
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Finance Minister Tito Mboweni in his emergency budget speech laid out his proposed roadmap to stabilise debt, by improving the country’s spending patterns in order to create a foundation for economic revival post-Covid-19.
This will be a tough ask though, as projected total consolidated budget spending, including the cost to service the country’s massive debt bill, will exceed R2 trillion for the first time ever.
This will be a tough ask though, as projected total consolidated budget spending, including the cost to service the country’s massive debt bill, will exceed R2 trillion for the first time ever.
