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Budget Stalemate: Parliament Finance Committee Meeting Ends in Deadlock

2025-04-01
Budget Stalemate: Parliament Finance Committee Meeting Ends in Deadlock
EWN

The parliamentary finance committees are racing against time to finalise the fiscal framework and revenue proposals, with a deadline looming for the National Assembly and National Council of Provinces (NCOP) to adopt the budget. As the committees struggle to reach an agreement, the country's economic future hangs in the balance. With the budget deadline fast approaching, the committees must find a way to break the deadlock and pass the fiscal framework, ensuring the country's financial stability and economic growth. Key issues such as tax revenue and budget allocation remain unresolved, leaving many wondering if a resolution will be reached in time. The fate of South Africa's economy rests on the outcome of these crucial discussions.

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