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South Africa's budget presentation was canceled due to party disagreements, marking the first delay in 31 years.
South Africa's annual budget presentation was canceled and rescheduled for next month due to disagreements among parties in the ruling coalition, marking the first such delay in 31 years of democracy.
The delay follows a proposed 2% increase in value-added tax by the African National Congress, opposed by the Democratic Alliance.
The cancellation comes amid pressure from the U.S., which cut aid to South Africa over a land law dispute, further complicating the country's fiscal challenges and economic growth.
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La presentación del presupuesto de Sudáfrica fue cancelada debido a los desacuerdos de los partidos, marcando el primer retraso en 31 años.