- Budget 2.0 has sparked debate about tax policy and economic equity.
- VAT increase is the least damaging to economic growth, according to Chris Axelson.
- R50 was allocated for old age grants to compensate for the VAT increase.
- Government spending reviews are ongoing, but implementation is crucial.
- Infrastructure investment is key to growth.
- Operation Vulindlela has been successful in energy transmission.
- Public-private partnerships are vital for funding infrastructure.
- External risks like geopolitical tensions and global economic instability pose challenges.
Source: iafrica.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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