Kaya Biz: Business Unity SA reacts to the Mid Term Budget speech
Kaya 959 Reporter Government expenditure has exceeded revenue in every year since 2008/09. In that time, the consolidated budget has grown from R712.8 billion in 2008/09 to R2.13 trillion in 2021/22 – an average increase of 8.8% each year. “Higher expenditure has not always been efficient or effective,” the finance minister said. The Minister emphasised, including in the key take-aways toward the conclusion of his address, that necessary structural economic […]