9 articles tagged with “budget”
Finance Minister Enoch Godongwana withdrew a planned R20 billion tax increase after stronger-than-expected collections, while announcing a revised inflation target that economists praise as a turning point for policy credibility.
Finance Minister Enoch Godongwana presented South Africa's 2026 budget with a primary focus on capping debt levels at 77.9% of GDP, while navigating coalition government demands and mounting household financial pressures from persistent inflation.
Finance Minister Enoch Godongwana delivered the 2026 national budget on February 25 amid civil society demonstrations and opposition calls to avoid VAT increases, with COSATU proposing a pension contribution holiday to ease fiscal pressure.
Housing has overtaken infrastructure as Kenya's top budget priority, now commanding 20.2 percent of national spending as President Ruto's mandatory salary deduction program accelerates affordable housing delivery amid fiscal pressure.
As regional markets stumble and hospitality sectors face structural challenges, economists warn that fuel levy increases in Zimbabwe's upcoming budget could compound pressures on an already fragile economy.
Nigeria's Senate has warned it may slash the N58.47 trillion 2026 budget, citing unrealistic revenue assumptions and questionable oil production benchmarks, even as the Tinubu administration grapples with unprecedented oil revenues and fiscal discipline challenges.
Nigeria's Finance Minister defends the 2026 budget assumptions before lawmakers as the revenue service chairman admits previous budgets failed due to unrealistic projections, raising questions about fiscal credibility.
While international partnerships and state-level initiatives push to expand Nigeria's power infrastructure, the federal government has released zero naira of the N531 billion budgeted for the power sector, exposing a critical disconnect between energy ambitions and fiscal reality.
Analysis of Nigeria's 2026 budget reveals government priorities through spending allocations, offering insight into the state's economic strategy and political concerns as the nation navigates fiscal challenges.