Budget adjustments take shape as Treasury sticks to 1.9% growth projection
Treasury plans to raise an extra R28bn in 2025/26 and R14.5bn in 2026/27 by gradually increasing VAT
12 March 2025 - 18:14
SA’s economic growth projection for 2025 remains at 1.9% following revisions to the February budget.
This reflects a rebound from 0.8% in 2024, supported by improving investor confidence, a stabilising electricity supply and easing borrowing costs...
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