The supplementary budget announced by Minister of Finance Tito Mboweni on 24 June 2020, including a revised fiscal framework and spending plans, reveals that only R36-billion of the much lauded R500-billion economic relief package is new money allocated in the fiscus this financial year. According to Budget Justice Coalition (BJC), this is not even close Read more >
Posts
PRESS RELEASES
The 2020 budget proposals risk further harm to the economy by slashing funding for socio-economic development. The minister of finance, Tito Mboweni began his 2020 budget speech with a return to the analogy of the resilient aloe ferox that “survives and thrives when times are tough”. The Budget Justice Coalition (BJC) contends that while the Read more >
CORRUPTION NEWS
A lot can happen in a political year, and anyone holding Finance Minister Pravin Gordhan’s last two budget speeches side by side can see evidence of this. Gordhan presented his 2016/17 budget under extreme political pressure on Wednesday – amid some speculation that it may very well be his last – and thus it lacked Read more >
