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flag South Africa's Finance Minister outlines budget aiming for economic stability, growth, amid union concerns.

flag South Africa's Finance Minister Enoch Godongwana delivered the 2025 budget speech, aiming for macroeconomic stability and faster growth. flag The budget targets a 0.5% fiscal surplus in 2024/25, rising to 0.9% in 2025/26, with debt stabilizing at 76.2% of GDP. flag The speech also outlines plans to simplify Eskom's debt relief and boost infrastructure investment. flag However, trade unions warn against increasing VAT, fearing it would harm the poor.

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