Finance Minister Tito Mboweni
In line with the announcement made by the Minister of Finance in the special appropriation bill speech on 23 July 2019, additional financial support to Eskom and the preliminary indication of tax revenue shortfall relative to 2019 Budget has resulted in a revised funding strategy and an increase in government borrowing requirement for 2019/20. This is according to a statement issued by the National Treasury today. (more…)
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