Economists predicted that the budget is an increase in VAT or income tax

They also quoted South Africa to rely on foreign debt to balance national biscuits.

“Our current credit book is expected to increase to R6 -trillion by 2025/26. We are currently spending R382 billion (2024/25 budget allocation) in our budget to serve this debt.

“This figure has made a balloon from about R100 billion in 2014, which is now one of the largest budget items, and the government spends on the amount of money on health (R272BN), Social Development (R265BN), Economic Development (R255BN) and Public Services (R75BN). Is more than.

In the coming year of economists, South Africa was expected to increase its debts more significantly to balance the national budget. It is expected that the worst financial position of many state -owned corporations (SOEs) is increasingly inconvenienced in the economy. “SOES’s debts are significant. We rated them on R848BN.”

According to Ngwenya and Govender, SOES is continuing to decline and is struggling to access capital markets without government guarantees and demands bail for service credit and turning point projects – the previous specific treasury is not prolonged.

“Overall, the SOS is constantly looking for government bailouts with the transnet.

They also noted that the two water crisis in South Africa’s economic centers (K UT and Quasul-Nadal) is expected to have serious consequences for economic growth.

“The UT Deng and Quasul-Nadal is about 49% of the GDP. Therefore, the ability of this provincial economies has significant impacts on the growth of GDP in South Africa.”