Godongwana braves a day of debt and danger

The cost of servicing the debt is now the single largest expenditure item in the budget

31 October 2023 - 21:25 By KHULEKANI MAGUBANE

As finance minister Enoch Godongwana tables his 2023 medium-term budget policy statement in parliament on Wednesday, observers are making peace with the possibility that the government will have to raise borrowings to support the economy, but maintain that there should be no new taxes...

There’s never been a more important time to support independent media.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

Already subscribed? Sign in below.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.