Government’s total consolidated government spending will amount to R6.62 trillion over the next three years, with the social wage taking 59.4 percent of total non-interest spending over this period.
This was announced by Finance Minister Enoch Godongwana on Wednesday as he delivered his maiden budget speech in Cape Town.
The graphic below provides a brief overview on how much money will be spent and where it will be spent:
![[File Image] Governor of the South African Reserve Bank Lesetja Kganyago addresses the media.](https://www.sabcnews.com/sabcnews/wp-content/uploads/2023/03/Lesetja-Kganyago-GCIS-120x86.jpg)
