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ANC grapples with budget delays as opposition mounts over VAT increase
Cape Times
|May 07, 2025
THE ANC has started internal deliberations on its proposed revisions to the national budget, following the National Treasury's decision to rework its fiscal plans.
This will be the third attempt to table a budget in as many months, with Finance Minister Enoch Godongwana expected to present it later this month.
The previous two budget drafts were unsuccessful due to political party objections regarding a proposed increase in the standard VAT rate.
This latest effort by the National Treasury to create an acceptable budget is anticipated to involve significant input from various political parties, both within and outside the Government of National Unity (GNU), as they submit their fiscal recommendations.
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