Infographic: Budget 2018 simplified

In his inaugural budget speech, delivered on Wednesday afternoon, Finance Minister Malusi Gigaba described the budget as “tough, but hopeful”.

For the first time since 1993, the government will raise Value-Added Tax (VAT) in an attempt to plug the massive funding hole in the national budget. Below is a simplified infographic on what else to look out for.

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Kiri Rupiah
Kiri Rupiah is the online editor at the Mail & Guardian.

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