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Tito Mboweni delivered budget speech today that brought smiles onto social grants beneficiary’s faces while beer drinkers also smokers are on sad face mode.
Finance Minister Tito Mboweni delivered the budget speech on 24 February 2021 that started by 14:00pm and people were waiting to here what will change this year.
This is the budget for 2021
- R10 billion will be set aisde for the procurement of vaccines.
- Â The Department of Tourism will receive R540 million for it’s recovery programme.
- Department of health to receive R248 billion.
– R12 billion set aside in reserve for possible disaster.Â
Social grants budget for 2021
[wptb id=1831]
Investments budget
- R791.2 billion infrastructure.
- R402 billion in funding for learning and culture.
- R335 billion for Social Development Ministry.
- R100 billion for job creations.
– The Department of Agriculture has also set aside R896.7 million
– R7 billion allocated to Land Bank
- R4 billion allocated to township and rural enterprises.
- R1.8 billion allocated to the Department of Justice and Constitutional Development.
Alcohol and Cigarettes budget for 2021
1. A 340ml can of beer or cider will cost an extra 14 cents.
2. A 750ml bottle of wine will cost an extra 26 cents.
3. A 750ml bottle of sparkling wine an extra R1.15 cents.
4. A bottle of 750 ml spirits, including whisky, gin or vodka, will increase by R5.50.
5. A packet of 20 cigarettes will be an extra R1.39.
6. 25 grams of piped tobacco will cost an extra 47 cents.
7. 23 gram cigar will be R7.71 more expensive.
– All in one