GCIS
The Cabinet has welcomed the proposed 2025 National Budget, saying it will help keep the country afloat.
"The tax increases are going to finance sustainability of this country by maintaining 1,000 teachers in the classrooms, 9,300 health workers in their jobs, the employment of 800 community service doctors, and allow an additional 700,000 children of the age of four years to access early childhood development which is necessary," said Minister in the Presidency, Khumbudzo Ntshavheni on Thursday.
She delivered the outcomes of a cabinet meeting in Cape Town on Wednesday night, just hours after Finance Minister Enoch Godongwana delivered his revised budget.
The proposed one percent VAT increase over two years was among the talking points.
Ntshavheni said the budget does contain measures to soften the blow.
"No increase in the fuel levy, above-inflation increases to social grants with old age and disability grants increasing by R130 to R2,315 by 2025. Significant funding allocation to PRASA will also improve passenger rail transport, which will reduce household income spent on transport costs", she said.
