However, South Africa will only reach a sluggish 1% growth by 2021.

According to the International Monetary Fund, GDP growth in Sub-Saharan Africa is forecast to be 3.5% in 2020/21. In the Medium-Term Budget Policy Statement (MTBPS), the minister said that … Finance Minister Tito Mboweni’s stated message for Budget 2020 is Consolidation, Reform and Growth. Visualise, explore and download national and provincial budget data from https://vulekamali.gov.za: ... South African Revenue Service SARS Tax Statistics Davis Tax Committee South African Reserve Bank Financial Intelligence Centre

Despite South Africa's growing debt burden … The 2020 budget in a nutshell Quinton Bronkhorst 26 February 2020 Finance minister Tito Mboweni has delivered his 2020 budget speech, outlining the … Budget 2020.

This means a consolidated budget deficit of R370.5bn, or 6.8% of GDP. • The 2020 Budget proposes total consolidated spending of R1.95 trillion in 2020/21, with the largest allocations going to learning and culture (R396.4 billion), health (R229.7 billion) and … In the fiscal year to end February 2021, the State’s revenue is projected to grow by 4.9% to R1.58trn (29.2% of GDP) with expenditure at R1.95trn (36%). Low growth led to an R63.3 billion downward revision to estimates of tax revenue in 2019/20 relative to the 2019 budget. Foreigners still love South African government bonds. Documents - National Budget - 2020.