Godongwana Outlines the 2025 Adjustment Budget
South Africa aims to stabilize public debt at 77.9% of GDP in 2025/26 and boost growth to 1.2%, focusing on infrastructure and structural reforms, Treasury says.
6 Articles
6 Articles
South Africa: SARS Welcomes MTBPS
[SAnews.gov.za] The South African Revenue Service (SARS) has welcomed Finance Minister Enoch Godongwana's Medium-Term Budget Policy Statement (MTBPS), delivered on Wednesday, showing that the revenue service collected over R900 billion in revenue.
Ramaphosa hails mid-term budget as solid
Ramaphosa hails mid-term budget as solid Vusi.Bafetane Wed, 11/12/2025 - 16:10 CAPE TOWN - President Cyril Ramaphosa is hailing the mid-term budget as a plan that will address many of the country's pressing issues.Ramaphosa says the plan reflects a commitment to addressing key problems and moving the country in the right direction."It was a very solid budget speech, well-crafted, it has raised all the important issues," Ramaphosa said.In his mi…
Key highlights from MTBPS 2025
The Minister of Finance Enoch Godongwana today tabled the 2025 Medium-Term Budget Policy Statement (MTBPS), outlining a package of reforms aimed at anchoring inflation, restoring fiscal stability, and driving inclusive economic growth. The statement marks a decisive shift toward price stability, infrastructure expansion, and structural reform under the theme “Choosing Growth, Stability and Reform.” Real GDP growth is forecast at 1.2 % for 20…
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