Budget 3.0 | Impact of fuel levy on household expenses will be dire – Expert

eNCA

Finance Minister Enoch Godongwana did not adjust salary brackets for inflation, increasing fuel levy instead. Petrol to rise by 16 cents/litre, diesel by 15 cents, first increase in 3 years. Godongwana admits levy alone won’t close fiscal gap. South Africans feel financial strain, with no breathing space due to high living costs. Market reacts positively to budget 3.0.
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