Finance Minister Tito Mboweni says going forward, any cash injection aimed at supporting the cash flow for embattled power utility Eskom will be in a form of loans, and not equity.
Headline inflation is expected to increase gradually in 2019 with the Reserve Bank maintaining its inflation targeting policy of below 6%, the National Treasury said on Wednesday.
Finance Minister Tito Mboweni has projected a R53 billion revenue collection shortfall for the current financial year.
Finance Minister Tito Mboweni says there is a need to trim civil servant perks and stop wastages as the debt to GDP ratio is expected to rise to 71.3% in 2023.
The roll-out of the much-anticipated National Health Insurance will require an addition R33 billion annually from the 2025/26 financial year.
: SAnews – South African News sihle
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