Treasury has no intention of cutting budgets for social services

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Finance Minister Enoch Godongwana was answering oral questions in the National Assembly on Wednesday as part of the economics cluster.

CAPE TOWN - Finance Minister Enoch Godongwana said that Treasury had no intention of cutting budgets for social services.

He said social services could not suffer the consequences of the R37 billion wage increase for public servants, which has added more pressure on government spending. Godongwana was answering oral questions in the National Assembly on Wednesday as part of the economics cluster.MPs also questioned him on the slashing of budgets for some departments, like social services.

"There are two aspects to this question if I understand it correctly. The first aspect is the impact on social services. The answer is we’ve got no intention of having a negative impact on social services.""It has achieved two things for us: the first one is stability." Godongwana said specific budget proposals would be presented at this year’s Medium-Term Budget Policy Statement and the 2024 budget.

 

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