Enoch Godongwana sticks to script on no new spending
The finance minister was firm that the current fiscal framework stood and that he and Mboweni were on the ‘same wavelength’ on everything
11 November 2021 - 14:12
UPDATED 11 November 2021 - 19:27
Finance minister Enoch Godongwana resisted pressure to use the fiscal space delivered by a R120bn boost in tax revenue to announce new spending commitments, including meeting demands for a basic income grant.
Even as it acknowledged that the Covid-19 outbreak and the rioting and looting that rocked the economy and the country in July had "increased the national debate" on a universal support programme, the medium-term budget policy statement (MTBPS) indicated that the special Covid-19 grant of R350 a month would be allowed to lapse in March as planned...
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