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South Africa’s 2026 budget targets fiscal stability with reforms, savings, and no tax hikes amid economic challenges.
South Africa’s 2026 budget, delivered by Finance Minister Enoch Godongwana, prioritizes fiscal responsibility amid economic challenges.
The government allocated R285 million to modernize payroll systems and procurement, using facial recognition and physical verification to combat ghost workers, with 4,323 high-risk cases under review.
A R3.7 billion early retirement program for civil servants over 55 has approved 7,687 applications, with projected savings of R5.5 billion.
The budget maintains the R370 Social Relief of Distress grant, increases funding for education and healthcare, and aims to stabilize public finances without tax hikes, citing a revenue overrun.
The Public Service Amendment Bill seeks to reduce political influence in civil service appointments.
El presupuesto de Sudáfrica para 2026 apunta a la estabilidad fiscal con reformas, ahorros y sin aumentos de impuestos en medio de los desafíos económicos.