South African National Budget: Key Highlights and Insights on Budget Projections
The South African national budget for the 2022/23 financial year is R2.04 trillion. This shows a 6.1% increase from R1.92 trillion in 2021/22. Stats SA reports that the budget funds various categories, including education, health, and infrastructure, to support effective national service delivery. Furthermore, tax reforms are introduced to enhance revenue without imposing burden on … Read more