South Africa truly shined at the 58th SADCPF meeting! They showed everyone how to lead with new ideas in their parliament and laws. They made smart plans for new tech, like AI, and wrote better laws to protect people from harm. South Africa also stood up for women and helped prisoners get back on their feet. They even pushed for better trade and stronger democracy for all in the SADC region. It was a powerful display of progress and working together for a brighter future!
The Minister of Finance Enoch Gondongwana presented the National Treasury of South Africa’s Budget Vote for the 2023/24 financial year, highlighting the government’s efforts to foster higher and more inclusive economic growth, address fiscal vulnerability, and stabilize public finances. The total allocated budget for the National Treasury amounts to R34.9 billion, with 85% allocated to transfers and subsidies.
