South Africa
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[Read] In an effort to manage the effect of reductions in planned expenditure, relative to the 2020 Budget, the provincial equitable share will be reduced by R209.7 billion in the next three financial years tinyurl.com/y62sadrz- [Read] The South African government is exploring options to ensure access to COVID-19 vaccines when they become available, says the National Treasury tinyurl.com/y4zbd8sm
- [Read] The country’s security cluster has received a boost in its crime fighting efforts, with National Treasury unveiling various budget allocations in the Medium Term Budget Policy Statement (MTBPS), tabled by Finance Minister Tito Mboweni on Wednesday tinyurl.com/y65vz4qe
- [Read] The severe impact of the Coronavirus pandemic on the economy has forced the National Treasury to embark on extensive fund allocation manoeuvring, in a bid to soften the blow of the pandemic on the most vulnerable tinyurl.com/y5mex7xo
- [Read] In an effort to stabilise the spiraling public sector wage bill, Finance Minister Tito Mboweni has announced that National Treasury will propose a three-year wage freeze tinyurl.com/yxerf673
- [Read] Improved tax collection and administration continues to be an important element in achieving fiscal consolidation, the National Treasury said on Wednesday tinyurl.com/yymwq55d
- [Read] The gross tax revenue estimate for 2020/21 has been revised down by R8.7 billion compared with the projection in the June Special Adjustments Budget, National Treasury said on Wednesday tinyurl.com/y3xavs2u
- [Read] Headline inflation is expected to fluctuate at the lower end of the 3 to 6% target range, the National Treasury said on Wednesday tinyurl.com/y4sh3s8g
- [Read] A team of full-time staffers will be appointed to oversee initiatives aimed at ensuring that the economic recovery plan and a number of priority reforms are implemented tinyurl.com/y2hqmolo
- [Read] Stabilising government’s debt will come with difficult decisions, and the public sector wage bill is the main area where government will impose reductions aimed at returning public finances to a stable position tinyurl.com/y3eug3br
