South Africa Boosts Health and Defense Spending Amid US Aid Cuts
2025-03-12
Associated Press News
In response to reduced aid from the US, South African lawmakers have unveiled plans to increase funding for health and defense sectors. To offset these costs, a 0.5% value-added tax hike is proposed, which may lead to a higher cost of living. This move aims to strengthen the country's healthcare system and national security, while also navigating the impact of reduced foreign aid on the economy. Key areas of focus include public health initiatives and military modernization, as the country seeks to adapt to changing global dynamics and economic pressures.
