Finance Minister Enoch Godongwana has expressed relief that the process of adopting the 2025 Fiscal Framework is now out of his hands. This is after the National Assembly adopted the framework on Wednesday.

Godongwana only succeeded in tabling a budget on a third attempt, after discontent over his proposed VAT increase in the previous two budget proposals.

He spoke to the media in Cape Town after the National Assembly’s sitting.

“Of course, I am happy. Other pieces that must be adopted. But the strength of the fiscal framework is that the fiscal envelope is adopted; everything must develop in that envelope.”

2025 Fiscal Framework proposals debate