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Godongwana to deliver his ‘inaugural’ national budget speech on 23 February – Treasury

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FINANCE Minister Enoch Godongwana will deliver his inaugural national budget speech on 23 February 2022, his ministry announced on Thursday.

Godongwana has also invited the public to share suggestions on the 2022 Budget.

“As usual, the budget allocation always aims to strike a balance between competing national spending priorities,” the statement said.

The ministry said it was in this context that Godongwana invited South Africans to share their suggestions on the budget.

The ministry further said the suggestions must pertain to what should government be spending on, how to address a large budget deficit, new sources of tax revenues, and other budget-relevant information.

“Minister Godongwana looks forward to your contributions,” it said.

Godongwana delivered his first medium-term budget policy statement (MTBPS) in November last year, making it clear that National Treasury will resist populist pressure for unbridled spending.

Treasury said it remained wedded to fiscal consolidation, and supported the urgent need for bolder reforms to boost economic growth.

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