South Africa to Borrow More As Revenue Falls – Medium-Term Budget
(005875.811-:E-000062.43:N-AC:R-SU:C-30:V)
To shore up revenue and be able to meet South Africa’s growing spending requirements, the government plans to increase its borrowings – making it difficult to stabilise and reduce its indebtedness, writes Ray Mahlaka for Daily Maverick.
Finance Minister Enoch Godongwana presented the Treasury’s Medium Term Budget Policy Statement in Parliament on November 1, 2023.
The government’s revenue from tax collections has declined since the February 2023 Budget was presented as economic conditions in South Africa have since worsened, pushing it to find new sources of money. To this end, the government plans to increase its borrowing requirements from R515.6-billion to R563.6-billion during the 2023/24 fiscal year, the Medium-Term Budget Policy Statement review documents show.
Source: https://allafrica.com/view/group/main/main/id/00087456.html
Video: The Greatest Talent of the Jews...
Sometimes, even the Jews tell the truth in an odd moment! I discuss two key talents that Jews have that are often overlooked but which are important.
Video: S.Africa: When Blacks killed Whites in Church St James Church massacre
Here is some history they try to keep away from white people in America and Europe. They will never tell you about the day blacks came with AK47s and threw hand-grenades among whites in a packed church in South Africa.
Video & Audio: After Black Revolution, Comes WHITE REVOLUTION!
In this video I discuss Black Revolution. We look at Black Revolution in America and Africa and the role of the Jews as well as that brave American hero, George Lincoln Rockwell, who gave his life trying to save White Americans and trying to save Whites everywhere.Rockwell once made a prediction that After Black Revolution there will be a WHITE REVOLUTION.