Displaying items by tag: supplementary budget review

Wednesday, 24 June 2020 11:54

Economy expected to contract by 7.2% this year

Finance Minister Tito Mboweni says as a result of the COVID-19 pandemic, the country’s economy is projected to contract by 7.2% in 2020.

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Finance Minister Tito Mboweni says the National Treasury has set aside R100 billion to support government’s response to job creation.

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