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Almost 50% of South Africa's population receives social grants. That's one of the sobering revelations in yesterday's medium-term budget policy statement announced by Finance Minister Enoch Godongwana. He also noted that the number of working people who contribute to the country's purse has significantly declined, further underlining the critical flaws in the country's economy. Economists have however criticised Godongwana for glancing over many critical policy points that were shifted to next year's main budget speech. For analysis of Godongwana's main points, political economist, Israel Mkhize from the Bukindaba Group
By SAfmAlmost 50% of South Africa's population receives social grants. That's one of the sobering revelations in yesterday's medium-term budget policy statement announced by Finance Minister Enoch Godongwana. He also noted that the number of working people who contribute to the country's purse has significantly declined, further underlining the critical flaws in the country's economy. Economists have however criticised Godongwana for glancing over many critical policy points that were shifted to next year's main budget speech. For analysis of Godongwana's main points, political economist, Israel Mkhize from the Bukindaba Group

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