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Mboweni unveils R2 trillion Budget, focus on vaccine rollout, efficient spending


Mboweni unveils R2 trillion Budget, focus on vaccine rollout, efficient spending
24 February 2021 2:02 PM
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With the ravages of COVID-19 and the associated lockdowns eroding an already shaky economy, the Finance Minister and his team at Treasury have a particularly hard task this year.
CAPE TOWN - Every national budget, in every nation across the globe, is a balancing act. But this year, with the ravages of COVID-19 and the associated lockdowns eroding an already shaky economy, the Finance Minister and his team at Treasury have a particularly hard task.
Treasury has had to rein in government spending and show clearly that the days of willy-nilly taxpayer-funded bailouts to badly managed SOEs are over; that they are serious about trimming the fat, and ensuring government spends efficiently, while simultaneously ensuring they spend enough to help the most vulnerable in society keep the wolf from the door. ....

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