Johnathan Paoli
South Africans are gritting their teeth while awaiting Finance Minister Enoch Godongwana’s 2024 Budget Speech to be delivered on Wednesday at the National Assembly sitting in Cape Town City Hall.
During this speech, Minister Godongwana is expected to outline the government’s financial, economic, and social commitments for the year, despite limited resources.
The budget aims to balance economic growth and support for vulnerable segments of society, and will include proposals for revenue collection to fund planned interventions and commitments.
Ahead of the Finance Minister Godongwana’s budget speech, DA Cape Town Mayor Geordin Hill-Lewis said the government’s budget austerity measures should come from meaningless expenditure and not essential services.
Hill-Lewis suggested that rather than cutting spending that actually delivered to the poor, cuts should be made to the government departments that served no meaningful purpose, while there was also billions in unnecessary funding going towards ministerial VIP security, estimated
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