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  • Writer's pictureAl Mabroor

Budget 2024: Balancing fiscal consolidation amid stagnant economy | Anchor

National Treasury’s (NT’s) 2024/2025 Budget was tabled in Parliament on Wednesday (21 February) by South Africa’s (SA’s) Minister of Finance Enoch Godongwana. This year’s budget was tabled amid an even more challenging economic and socio-political environment than previous iterations, given the upcoming national elections, the decades of policy inertia and years of state capture that preceded it. As expected, the 2024 budget did not introduce any new, significant populist policies or spending measures before the upcoming elections.

Instead, NT continues to toe the line between...

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