Mboweni Introduces R2 Billion Budget, Focuses on Vaccine Launch and Efficient Spending

Mboweni Introduces R2 Billion Budget, Focuses on Vaccine Launch and Efficient Spending
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With the ravages of COVID-19 and associated lockdowns eroding an already unstable economy, the finance minister and his team at the Treasury have a particularly difficult task this year.

ARCHIVE: Minister of Finance, Tito Mboweni. Image: GCIS.

CAPE TOWN – Every national budget, in every nation in the world, is a balancing act. But this year, with the ravages of COVID-19 and associated lockdowns eroding an already unstable economy, the finance minister and his team at the Treasury have a particularly difficult task.

The Treasury has had to control public spending and clearly demonstrate that …

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