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News Flash 20 February 2019 – SOUTH AFRICA – Budget Speech 2019-2020

South Africa 2019/2020 Budget Speech and important changes affecting payroll The Minister of Finance, Tito Mboweni, has delivered the Budget Speech for the fiscal year 2019/2020 on 20 February 2019. Highlights of the Budget Speech summarized: The consolidated budget deficit is projected to narrow from 4.5% of GDP in 2019/20 to 4% in 2021/22 Gross...

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