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Minister Godongwana to re-table revised 2025 budget on 21 May, drops VAT hike [SOUND]

# The minister of Finance, Enoch Godongwana, will re-table the 2025 budget on 21 May. This follows a decision to reverse the proposed 0.5-percentage point VAT hike. Godongwana told the media the revised budget will include updated fiscal projections, borrowing plans, and revenue estimates, and will undergo full consultation with the cabinet and political parties in the government of national unity:

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