Godongwana faced a difficult balancing act amid a range of spending pressures
23 February 2022 - 13:34
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Finance minister Enoch Godongwana delivered his maiden budget speech before a joint sitting of parliament on Wednesday February 23 at 2pm.
Godongwana s faced a difficult balancing act amid a range of spending pressures such as social services and infrastructure.
The budget also comes at a time when almost half of working-age South Africans are unemployed, coupled with a limping economy and a growing debt burden.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
WATCH: Enoch Godongwana delivers the 2022 budget
Godongwana faced a difficult balancing act amid a range of spending pressures
Finance minister Enoch Godongwana delivered his maiden budget speech before a joint sitting of parliament on Wednesday February 23 at 2pm.
Godongwana s faced a difficult balancing act amid a range of spending pressures such as social services and infrastructure.
The budget also comes at a time when almost half of working-age South Africans are unemployed, coupled with a limping economy and a growing debt burden.
Watch the minister's full address here:
BUDGET IN A NUTSHELL: Godongwana uses mining bonanza to cut debt and aid poor
Treasury warns several risks threaten forecasts
All social grants will be reviewed, says Enoch Godongwana
Treasury lightens the tax load
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