South African Parliament Passes Last Annual Budget Bill

0
1011

Relief in South Africa: after months of disagreements, the country’s lower house of parliament passed the last piece of legislation for its budget bill afternoon, according to a press release from the South African parliament.

Referred to as the appropriation bill, the legislation had caused political deadlock between the ruling party, the African National Congress, and its biggest coalition partner, the Democratic Alliance.

This had substantially delayed the bill.

The Appropriation Bill is the third major part of the annual budget and determines how much money is allocated to government departments and national programmes.

Parliament said that: “The 2025 budget focuses on reducing government debt, supporting the poor and vulnerable, improving public services such as health and education and stimulating job creation and rebuilding infrastructure.”

Total national expenditure for the year will stand at 2.3 trillion rand, according to the government.

Africanews/Hauwa M.

LEAVE A REPLY

Please enter your comment!
Please enter your name here