BUDGET: Minister Godongwana says government’s debt relief plan saves R20-billion, as Eskom’s financial health improves [SOUND]

# Minister of Finance Enoch Godongwana says the government’s debt relief plan will save 20-billion-rand. The plan involves reducing the final phase of Eskom’s debt takeover from 70-billion-rand to 40-billion-rand in 2025/2026 and ten-billion-rand in 2028/2029. In his address to the National Assembly on the budget, Godongwana said this adjustment is expected to strengthen the fiscal position, reduce debt-service costs, and improve the government’s ability to manage its debt more effectively, contributing to greater economic stability: