The Department
Ingrid Woolard
Research interests:
Measurement of poverty and inequality, unemployment, social assistance, fiscal policy
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BER Weekly
14 Mar 2025 Budget 2.0 – less VAT, but still a lot of tax and little spending cuts from Budget 1.0After originally being scheduled for 19 February and then postponed at the last moment, the National Budget for 2025 was tabled by the National Treasury (NT) on 12 March. In some ways, Budget 2.0 was largely the same as Budget (1.0). While the contentious 2%pt-VAT hike was watered down, it still comes with a heavy tax burden, largely shouldered by the...
Read the full issue
BER Weekly
14 Mar 2025 Budget 2.0 – less VAT, but still a lot of tax and little spending cuts from Budget 1.0After originally being scheduled for 19 February and then postponed at the last moment, the National Budget for 2025 was tabled by the National Treasury (NT) on 12 March. In some ways, Budget 2.0 was largely the same as Budget (1.0). While the contentious 2%pt-VAT hike was watered down, it still comes with a heavy tax burden, largely shouldered by the...
Read the full issue