The Minister of Finance, Mr Enoch Godongwana, will deliver the National Budget Speech on 22 February 2023. As usual, the budget allocation always aims to strike a balance between competing national spending priorities and limited resources.
This budget promises to be a tough balancing act, with little or no wiggle room. The following key areas need to be addressed:
- municipal finances
- government spending priorities and what these should be
- addressing a large budget deficit
- stabilising State-Owned Entity finances
- managing the energy crisis
- tax revenues
- debt sustainability
We will keep you informed on all relevant budget announcements.
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