Budget Speech 2025
The Minister of Finance, Mr Enoch Godongwana, will deliver the 2025 Budget Speech during the National Assembly plenary sitting scheduled for Wednesday, 21 May, at the Cape Town International Convention Centre (CTICC).
At the same plenary, Minister Godongwana will also introduce the Appropriation Bill and table the 2025 Division of Revenue Bill, which Parliament will process in the following months. During the Budget Speech, the finance minister indicates the allocation of financial resources to the national government’s priorities outlined by President Cyril Ramaphosa in the 2025 State of the Nation Address. Among other things, the Budget aims to balance economic growth and support for the vulnerable in our society despite limited resources.
DETAILS OF THE BUDGET SPEECH ARE AS FOLLOWS:
Date: Wednesday, 21 May 2025
Time: 14:00
Venue: Cape Town International Convention Centre (CTICC)
