Business Report

LIVE | Fiscal framework debate under way in Parliament

IOL Reporter|Published

Finance Minister Enoch Godongwana

Image: Phando Jikelo / GCIS

The National Assembly (NA) and the National Council of Provinces (NCOP) are debating the 2025 Fiscal Framework and Revenue Proposals.

This framework outlines economic policy and revenue projections, setting the overall limits for government spending.

This instrument must be passed before any of the Budget Bills are considered. Parliament plays a vital role in shaping the discussion around the fiscal framework.

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