South Africa - National Budget 2020/21

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Emergency budget: Where will Minister Mboweni find the extra billions needed?

The coronavirus (COVID-19) pandemic has forced every South African to radically re-assess any plans he or she may have had for 2020, no-one more so than Finance Minister Tito Mboweni.

The coronavirus (COVID-19) pandemic has forced every South African to radically re-assess any plans he or she may have had for 2020, no-one more so than Finance Minister Tito Mboweni.

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Deloitte commentary on South Africa Budget 2020/21

Trade-offs required to achieve shared prosperity

The Minister of Finance has reiterated in this budget that South Africa must strive for fiscal sustainability, measured as stabilisation of the debt-to-GDP ratio, by moderating spending as a share of GDP and reducing the wage bill as a share of overall spending.

The Minister of Finance has reiterated in this budget that South Africa must strive for fiscal sustainability, measured as stabilisation of the debt-to-GDP ratio, by moderating spending as a share of GDP and reducing the wage bill as a share of overall spending.

Press releases

The 2020/21 National Budget

A call to action. Hard work ahead…

Finance Minister Tito Mboweni has a mammoth task ahead of him as he seeks to present the 2020/21 Budget Speech later this month, against South Africa’s weak fiscal position and the scrutiny of ratings agencies.   

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Deloitte Pre-Budget Commentary

Get access to commentary and thought leadership pieces written by our subject matter experts who provide a 360 degree view of their Budget expectations, insights and analysis for the National Budget and the Mid-Term Budget Statement Policy.