fiscal consolidation News

Latest Articles

• National Treasury Halves Fuel Levy To Mitigate R10 Diesel Under Recovery Amid Middle East Conflict Pressures

  Published: Apr 4, 2026

  Section: Africa

  South Africa has implemented a temporary R3 per litre fuel levy reduction for April 2026 to offset massive under recoveries driven by global oil volatility. While the relief will c...

• Hungary Faces Post-Election Fiscal Consolidation to Protect Credit Rating

  Published: Mar 24, 2026

  Section: Markets

  The winner of Hungary’s upcoming April parliamentary election must implement significant social spending cuts to stabilize state finances and avoid a potential credit rating downgr...

• South African government allocates over one billion rand per day toward national debt interest payments

  Published: Mar 3, 2026

  Section: Africa

  South Africa’s debt-servicing costs have reached 432.4 billion rand for the current financial year, making interest payments the single largest expenditure item in the national bud...

• Godongwana Set to Announce Historic Fiscal Turnaround in 2026 Budget Speech

  Published: Feb 23, 2026

  Section: Global Economy

  Finance Minister Enoch Godongwana is scheduled to present the 2026 National Budget this Wednesday, where he is expected to unveil a significant improvement in the public finances o...