2025 Budget Speech South African Government. South Africa Treasury Circles February 21 for Budget Speech South African News Briefs The South African Budget Speech 2025/26, delivered by the Minister of Finance on March 12, 2025, outlines a financial roadmap for the country amid economic challenges and ongoing fiscal constraints Parliament, Wednesday, 12 February 2025 - The Minister of Finance, Mr Enoch Godongwana, will deliver the 2025 Budget Speech in the National Assembly on Wednesday, 19 February, at the Nieuwmeester parking, Dome (corner Commercial Street and Plein Street)
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In 2025/26, 83 per cent of the local government equitable share provides a free basic services package of R610 per month to 11.2 million poor households. Spending of 2.59 trillion rand is projected for 2025-26
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During the Budget Speech, the Finance Minister indicates the allocation of financial resources to the national government's priorities outlined by President Cyril. Mr Godongwana will outline all the financial, economic and social commitments the government will prioritise in its planned. The consolidated budget shortfall is forecast at 5% of gross domestic product for the current fiscal year through March, unchanged from October
South Africa Treasury Circles February 21 for Budget Speech South African News Briefs. Minister Godongwana will also introduce the Appropriation Bill and table the 2025 Division of Revenue Bill, which Parliament will process. Spending of 2.59 trillion rand is projected for 2025-26
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