allAfrica.com allafrica.com 26 Jan, 2021 17:15 am

South Africa: Tito Mboweni Puts His Twitter Meals On the Back Burner As Budget 2021 Looms

Opinion - I do not envy Finance Minister Tito Mboweni and the team at National Treasury who have their heads down preparing Budget 2021. Mboweni presents the budget in a little less than five weeks and the figures they are working with are truly scary. By the end of November 2020, South Africa's budget deficit - the difference between the country's revenue and expenditure - had reached R438-billion.

By the end of November 2020, South Africa's budget deficit - the difference between the country's revenue and expenditure - had reached R438-billion.This is according to National Treasury, which releases a monthly update on SA's revenue, expenditure and borrowings.26 January 2021 p I do not envy Finance Minister Tito Mboweni and the team at National Treasury who have their heads down preparing Budget 2021.First published in the Daily Maverick 168 weekly newspaper.

Copyright © 2021 Daily Maverick.Mboweni presents the budget in a little less than five weeks and the figures they are working with are truly scary.

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