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South Africa: Sustainable Development Goals At Risk, Minister Warns Parliament As He Tables Dirco Budget Vote

SOUTH AFRICA, JUL 8 – Finance Minister Enoch Godongwana stresses careful decision-making on inflation target changes amid improved inflation outlook and expectations below 4% for 2025, says Bureau of Economic Research.

  • Minister Ronald Lamola delivered DIRCO's 2025/26 budget vote in the National Assembly, emphasizing the risk to SDGs from climate change impacts across Africa.
  • This follows warnings that over 85% of the Sustainable Development Goals are off track due to climate crises and funding gaps that hinder long-term development.
  • Deputy Minister Ashor Sarupen revealed a new approach to disaster funding that integrates climate risks into financial planning, aiming to prevent crisis-driven budget shifts.
  • DIRCO's 2025/26 budget increased slightly to R7.09 billion, with support for boosting foreign investment and tourism, while criticisms noted its elitism and lack of measurable job impact.
  • The budget and strategies suggest South Africa aims to strengthen resilience and global presence but face challenges in fiscal discipline, governance, and delivering inclusive growth.
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U.S. News broke the news in New York, United States on Tuesday, July 8, 2025.
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