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Ramaphosa says this year’s budget aimed at growth and creating much-needed jobs

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CYRIL RAMAPHOSA|

Last week, Minister of Finance Enoch Godongwana presented a Budget that supports and reinforces the programme of action I announced in the State of the Nation Address (SONA) to grow the economy and create jobs.

The Budget provides details on how government plans to raise money and where it is going to spend that money to improve the lives of South Africans.

Few South Africans need to be reminded how devastating the COVID-19 pandemic has been for our economy. Despite the substantial economic and social support package we introduced in 2020, businesses have gone under and as many as two million people have lost their jobs. Many households have been spared from hunger only due to the increases in social grants.

As the pandemic has battered the economy, so it has further worsened the country’s financial position. At the height of the pandemic, less revenue was collected and

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