Growth Forecast
latest news & developmentsGodongwana keeps medium-term infrastructure spending above R1tn to boost ailing economy
The finance minister said the expenditure would be carried out ‘without compromising the fiscal strategy of sustainable public finances’
Budget: Mboweni pegs recovery hopes on vaccine efficacy, lower public wage increases
The treasury forecasts 3.3% growth, but warns this will fall to 1.6% if the fledgeling vaccination programme fails to stem successive Covid waves