https://newsletter.en.creamermedia.com

Godongwana to table 'inaugural' budget on 23 February

Finance Minister Enoch Godongwana

Finance Minister Enoch Godongwana

20th January 2022

By: News24Wire

  

Font size: - +

Finance Minister Enoch Godongwana will table the national budget on 23 February, 2022.

The ministry of finance on Thursday issued an advisory - highlighting that this would be the minister's "inaugural" speech.

Godongwana was appointed finance minister in August 2021, relieving his predecessor, Tito Mboweni, who requested to step down.

In a call with investors shortly after, Godongwana said he would lead differently to Mboweni but would stick to the fiscal framework. This was evident in the tabling of the medium-term budget policy statement, later in November.

In the short while he has been finance minister, Godongwana has used his speaking engagements to stress the importance of rolling out structural reforms to boost economic growth.

The finance ministry in its statement highlighted that the budget allocation aims to "strike a balance" between competing national spending priorities. 

Godongwana has invited South Africans to give suggestions for the upcoming budget, particularly on what government should be spending, how to address a large budget deficit and possible new sources of tax revenues, among other things.

 

Edited by News24Wire

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:2.634 2.816s - 172pq - 2rq
Subscribe Now