Italy’s populist government on Monday responded to EU criticism of its budget with a vow to stick to its public spending hike while scrupulously keeping to its own deficit limits.
South Africa’s new finance minister Tito Mboweni will stick closely next week to previous budget forecasts for the coming two fiscal years, with only slight slippages.
The municipal council sitting to table the budget at the Maluti-a-Phofung in Qwaqwa, Free State is currently underway.
The Johannesburg City Council has finally passed the 2018/2019 budget after failing to do so in the previous sittings.
For the third time running the Democratic Alliance (DA) led government in Nelson Mandela Bay Municipality has not been unable to pass its R12 million budget.