Finance Minister Tito Mboweni tables the national budget on Wednesday afternoon. His budget is overshadowed by a weak economy, an escalating debt to GDP ratio and a shockingly high unemployment rate in the wake of a COVID-19 pandemic.
Finance Minister Tito Mboweni presents his Medium-Term Budget Policy Statement (MTBPS) in the National Assembly.
Finance Minister Tito Mboweni delivers the country’s supplementary budget speech on Wednesday afternoon. The emergency budget reflects government’s adjusted spending and expenses as a result of the COVID-19 crisis.
Finance Minister Tito Mboweni briefs the oversight committees of parliament dealing with public finances following his budget speech. The video below contains the full live stream.
Finance Minister Tito Mboweni briefs joint committees of Parliament.
Finance Minister Tito Mboweni delivers 2019 MTBPS.
Newly-appointed Finance Minister Tito Mboweni is presenting his medium-term budget policy statement in half an hour’s time. Mboweni is expected to focus on how government will balance increasing spending pressure against low revenue in a weak economic environment.
COSATU says it wants Finance Minister Tito Mboweni to retire. In his budget address earlier this year, Mboweni said that the public service was bloated and suggested that public servants who were 55 and above should opt for early retirement.
Opposition political parties in Parliament say they expect Finance Minister Tito Mboweni to present a Medium Term Budget Policy Statement that will stimulate the economy, create jobs and cut any and all unnecessary frills.
President Cyril Ramaphosa has accepted the resignation of Finance Minister Nhlanhla Nene.
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