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Budget 2024 | Post Budget Speech discussion with Finance Minister Enoch Godongwana
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Finance Minister Enoch Godongwana has announced a R2 billion conditional grant to fund the rollout of smart prepaid meters, a bailout of R47 billion for Transnet, an increase in various categories of social grants, and R150 billion taken out of the R500 billion reserves to reduce the country's borrowing and debt-service costs.
These are some of the announcements made during the Budget Speech in Parliament, Cape Town, yesterday.
The speech, which sets out the government's spending priorities for the 2024/25 financial year, was received with mixed views as some said it managed to cover the important areas, while others say it missed an important opportunity to make a significant impact in addressing the country's challenges.
There's lots to be discussed as Finance Minister Enoch Godongwana joins us virtually this morning as we reflect on yesterday's budget speech.
These are some of the announcements made during the Budget Speech in Parliament, Cape Town, yesterday.
The speech, which sets out the government's spending priorities for the 2024/25 financial year, was received with mixed views as some said it managed to cover the important areas, while others say it missed an important opportunity to make a significant impact in addressing the country's challenges.
There's lots to be discussed as Finance Minister Enoch Godongwana joins us virtually this morning as we reflect on yesterday's budget speech.
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