The 2020/2021 budget in perspective
Mar 23, 2020
2 minutes
BY DR KOOS COETZEE
With the 2020/2021 budget, Finance Minister Tito Mboweni faced the unenviable task of trying to balance expected lower revenues and higher expenses, while keeping debt from increasing to still higher levels. He either had to increase government income (taxes) or decrease government expenditure (specifically the government payroll).
Treasury estimates that total government income
You’re reading a preview, subscribe to read more.
Start your free 30 days