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South African Embassy, Berlin
Tiergartenstr. 18, 10785 Berlin
Tel.: +49-30-22073-0
Fax: +49-30-22073-190

Politics, Topnews, Press Review

Budget Speech 2024 by Finance Minister Enoch Godongwana

On 21 February 2024 Finance Minister Enoch Godongwana delivered the Budget Speech 2024.
Minister Godongwana stated that the government would continue to support economic growth; reduce the growth of government debt and the cost of debt; and allocate more funds for core services, provide for the social wage and preserve infrastructure budgets.

 

 

 

|+| Full speech

|+| Live video by PresencyZA

South Africa's investment in
education has tripled since the
end of apartheid. At 6.6% of the
country's GDP and 17.7% of total
government spending, the
country's education spending
rate is among the highest
in the world.

 
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